December production hits all-time high, capping 2018 gains

Production capacity is now well over 5 million bpd, but future output could be constrained by infrastructure bottlenecks and OPEC obligations.
A worker climbs a drilling rig at the Rumaila oil field. (BEN VAN HEUVELEN/Iraq Oil Report)

Iraq's oil sector ended a record-setting year with its most prolific single month of crude production ever.

Overall crude output from fields controlled by both the federal government and the autonomous Kurdistan Regional Government (KRG) totaled 4.94 million barrels per day (bpd) in December, according to an Iraq Oil Report analysis based on data gathered independently from each field. *

This content is for registered users. Please login to continue.
If you are not a registered user, you may purchase a subscription or sign up for a free trial.