Country Report
Iraq upstream summary
*Please note that this report only includes an Excel data file if this is indicated in "What's included" below
Report summary
Federal Iraq Iraq is the world's fifth biggest oil producer with a capacity of around 5 million b/d. Production capacity grew from 2.4 million b/d in 2010 to 5 million b/d in 2019, underpinned by IOC-led development at the giant and super-giant southern oil fields (Rumaila, West Qurna 1, West Qurna 2, Zubair and Halfaya). Iraq has an abundance of low-cost oil. In July 2025, the Ministry of Oil estimated the country holds 145 billion barrels of oil and 132 trillion cubic feet of gas.
Table of contents
- Federal Iraq
- Federal Iraq
- Kurdistan
- Introduction
- Major petroleum plays
- Southeast Turkey Foldbelt
- Zagros Foldbelt
- Widyan
- Licensing
- Federal Iraq
- First Petroleum Licensing Round (June 2009)
- Second Petroleum Licensing Round (December 2009)
- 36 more item(s)...
Tables and charts
This report includes the following images and tables:
-
Country Key FactsGeological Basin Map of Iraq
-
Southeast Turkey Foldbelt StratigraphyZagros Foldbelt StratigraphyWidyan StratigraphyState oil company map
- 36 more item(s)...
What's included
This report contains:
Other reports you may be interested in
Country Report
Iraq upstream summary slides
To complement our more detailed Iraq upstream summary we provide a slide-pack of the key issues in country.
$5,700
Country Report
Kurdistan Region of Iraq upstream summary slides
To complement our more detailed Iraq upstream summary we provide a slide-pack of the key issues in the Kurdistan region.
$2,040
Country Report
United Kingdom upstream summary
Provides a detailed description of reserves, production, infrastructure and fiscal terms for the UK upstream sector.
$11,340
