Kurdistan Regional Government (KRG)

The October 2017 loss of Kirkuk to the central Iraqi government immediately deprived the Kurdistan Region of nearly half of its then-600,000 b/d production. Erbil has since exceeded expectations in bringing output back above 400,000 b/d as higher oil prices and the continuation of payments to IOCs has facilitated higher investment in oil field development.

16 Sep, 2022

Featured

Shamaran Snags Sarsang

In buying Total’s stake in the Sarsang block Shamaran now has 60,000 b/d of gross output on two adjoining KRG blocks. But Baghdad is ramping up pressure on KRG oil.

Sarsang & Atrush Output Near Record Highs ('000 b/d)

Oil & Gas

30 Sep, 2022

Top Story

KRG Banks Record Gross Revenues Despite Baghdad’s Wrath

Iraqi Kurdistan brought in $3.79bn in gross oil revenues in 2Q22, the highest quarterly figure in more than five years. But the net take was just 41% of this.