Iraq production shoots up in June
An independent analysis shows rising output from state-run fields in Basra lifted Iraqi production by nearly 100,000 bpd, as a monitoring committee meets and assesses OPEC quota compliance.
Iraqi Oil Minister Jabbar al-Luiebi (center) lays a cornerstone at the Halfaya oil field, in Missan province, on July 9, 2017. The ceremony marked the beginning of the third and final development phase, which is slated to raise production from 200,000 bpd to 400,000 bpd. (Source: Oil Ministry)
EDITOR’S NOTE: Iraq Oil Report’s production estimates are based on the best field-by-field data that can be obtained at the time of publication. After this story was published, sources provided updated data from state-run fields in Basra that significantly lowered our overall production estimates for June, from 4.671 million bpd to 4.566 million bpd. This article has not been updated to reflect the new data. Please refer to our new production story, available here, for up-to-date information on both June and July production.
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