New Quarterly Production Targets for Basra's Oilfields

Iraq's South Oil Company, working with the IOCs, has set quarterly
production targets for the country's southern oilfields for 2011,
according to documents obtained by Reuters.

Production is targeted reach an average of nearly 2.3m bpd by Q4 2011.

 Oilfields            Q1          Q2          Q3          Q4

 Rumaila           1,175,000   1,201,000   1,226,000   1,250,000

 West Qurna 1        260,000     270,000     285,000     300,000

 Majnoon              70,000      80,000      90,000     100,000

 Zubair              280,000     310,000     340,000     360,000

 Gharaf                  -           -           -        35,000

 Nahr Bin Umar        45,000      50,000      60,000      70,000

 Ratawi               10,000      14,000      18,000      25,000

 Luhais               60,000      70,000      80,000      85,000

 Tuba                 10,000      15,000      20,000      30,000

 Nassiriya            15,000      20,000      30,000      30,000

TOTAL              1,925,000   2,030,000   2,149,000   2,285,000

(Source: Reuters)

quarterly 2011 production targets for
Iraq's southern oilfields