Production jumps in February despite quota expectations

Iraq's countrywide oil production hit 4.64 million barrels per day (bpd) in February, an increase of 100,000 bpd compared to January, according to an Iraq Oil Report analysis based on field-by-field data.*

The biggest increases came from the West Qurna 1 field in Basra and the Tawke license in Iraqi Kurdistan, both of which raised production by 20,000 bpd from January to February. Seven other fields also posted incremental gains.