Study sizes up Iraq`s reserves, exploration status, production potential

Journal Article · Mon Jun 24 00:00:00 EDT 1996 · Oil and Gas Journal

OSTI ID:253703

Ibrahim, M W ^[1]

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1. Target Exploration Consultants, London (United Kingdom)

Iraq has a volatile exploration and production history, but unlike more stable OAPEC countries it was National Oil Co. (INOC) rather than foreign oil companies that discovered most of the country`s proved oil reserves. Proved reserves are in Paleozoic, Triassic, Jurassic, Cretaceous, and Tertiary reservoirs charged by Silurian and Jurassic and/or Cretaceous source rocks. The pre-gulf war production capacity was 3.5 million b/d, but the country`s current damaged production capacity is about 2.5 million b/d. New discoveries have elevated Iraq`s proved reserves to 120 billion bbl of oil. The paper discusses exploration history, proven reserves, exploration plays, exploration potential, and production potential.

• OSTI ID: 253703
• Journal Information: Oil and Gas Journal, Vol. 94, Issue 26; Other Information: PBD: 24 Jun 1996
• Country of Publication: United States
• Language: English

Related Subjects

02 PETROLEUM
IRAQ
PETROLEUM DEPOSITS
RESOURCE POTENTIAL
PETROLEUM
RESERVES
HISTORICAL ASPECTS
PRODUCTIVITY
OIL FIELDS
COMPILED DATA