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Iraq’s September production drops 200,000 bpd toward OPEC+ compliance

Under pressure from the OPEC-plus coalition to compensate for past over-production, Iraq makes painful cuts mainly from IOC-operated fields.
Iraqi Drilling Company personnel drill a well at the West Qurna 1 field in Basra in May 2019. (Photo credit: Iraqi Drilling Company)

Iraq cut its oil production by more than 200,000 barrels per day (bpd) in September, moving closer to compliance with its promises to the OPEC-plus coalition.

Countrywide output averaged 3.68 million barrels per day (bpd), according to an Iraq Oil Report analysis based on data gathered from every producing field managed by both the federal government and the semi-autonomous Kurdistan Regional Government (KRG) — down from 3.89 million bpd in August.

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