Satellite surveillance shows that production has fully resumed at the Bai Hassan field in Iraq. The field is part of a complex of oilfields in Northern Iraq that were shut down mid-October 2017 after the Kurdistan Regional Government (KRG) unilaterally voted for independence from Baghdad, causing Iraqi troops to move in on the oil-rich Kirkuk area under its control. While there were reports of the field resuming production at the end of June, Kayrros satellite surveillance shows it did not achieve normal operations until 1 July 2018. The disruptions at the Bai Hassan field accounted for most of the lost barrels in Iraq’s Kirkuk producing region as monitored by Kayrros. Now that the fields are returning to normal operation, that loss, which had already been offset by higher output from the south of Iraq, should drop drastically. The recovery will likely enable Baghdad to participate in the supply hike […]