23 April 2003 The first Iraqi oil production since the fall of Saddam Hussein’s regime is set to restart next week from the northern Kirkuk complex, but would be limited to supplying the domestic market in terms of crude for refineries and natural gas for power stations, according to a senior Iraqi official. The plans show Iraqi officials taking the initiative on this and other aspects of the war-damaged oil…
Early Power Play Points to Iraq Challenges
22 April 2003 Intriguing power plays erupting in postwar Iraq underline the conundrum faced by Opec when it meets later this week to plot out a production strategy that ministers hope will stave off a price collapse before the group has to make room for Iraqi oil exports. But further delays to the establishment of an interim Iraqi administration to oversee the short-term rehabilitation of the country’s oil sector could…
Iraqis Assess Scale of Damage From War, Looting
Iraqis Assess Scale of Damage From War, Looting
(Published in: International Oil Daily – Tuesday, April 22, 2003)
Drilling Dilemma
Oil production in Iraqi oil fields in the south of the country is falling by an average of 7% per year. The problem: a high water cut that is forcing South Oil Co. (SOC) engineers to shut down wells one after the other. But as they lose the old wells in West Qurna, Rumaila, Zubair, Majnoon and Nahr Bin Umar, the drilling of new ones to replace them is not…