Insight
10 reasons why Iraq's oil production growth has under-performed
*Please note that this report only includes an Excel data file if this is indicated in "What's included" below
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.
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 the following images and tables:
-
Plateau production target for Iraq's southern TSCsOil production by southern TSC2017 oil production for Iraq's southern TSCs
-
2017 incremental production2017 progress to plateau production target (PPT)Central processing facilitiesOil production scenarios for the southern TSCs
What's included
This report contains:
Other reports you may be interested in
Asset Report
Liuhua Area
The Liuhua Oil Fields analysis includes Liuhua 11-1/4-1 and the Liuhua 16-2 oil cluster.
$3,720
Asset Report
Mabrouk NE (Shell & OQ)
The 'Greater Barik' area is located in central Oman, near to existing large non-associated gas projects. The area refers to two ...
$3,720
Asset Report
Permian Spraberry tight oil unconventional play
A detailed analysis of the Spraberry tight oil unconventional play.
$2,800
