Insight
10 reasons why Iraq's oil production growth has under-performed
From
$1,350.00
You can pay by card or invoice
Report summary
Remember Iraq's 12 million b/d oil production target? In 2009, to much fanfare, Iraq opened up its giant and super-giant fields to international investment. It attracted competitive bids from many of the world’s most capable operators. Iraq undoubtedly has the large-scale low-cost oil resources in its southern fields to underpin production of over 10 million b/d. But the harsh technical service contract terms, and a myriad of technical, political and security factors have all conspired to subdue growth.
What's included
This report contains
Table of contents
- Executive summary
- Southern Iraq oil production growth
-
Constraints on oil production growth
-
Commercial
- 1. Technical service contract
- 2. Crude oil marketing
-
Technical
- 3. Oil transportation
- 4. Water supply for reservoir injection
- 5. Field processing facilities
- 6. Rigs and drilling
- 7. Gas utilisation
-
Political and Security
- 8. Bureaucracy
- 9. OPEC
- 10. Security/IS militants
- The next phase of production growth
-
Commercial
Tables and charts
This report includes 7 images and tables including:
Tables
- Plateau production target for Iraq's southern TSCs
- Central processing facilities
Images
- Oil production by southern TSC
- 2017 oil production for Iraq's southern TSCs
- 2017 incremental production
- 2017 progress to plateau production target (PPT)
- Oil production scenarios for the southern TSCs
You may be interested in
Questions about this report?
-
Europe:+44 131 243 4699
-
Americas:+1 713 470 1900
-
Asia Pacific:+61 2 8224 8898