Highlights Plateau target reduced to 1.7 mil b/d from 2.1 mil b/d Field currently producing 1.4 mil b/d BP, PetroChina lead contractors Iraq has lowered the production plateau target of its biggest oil field Rumaila to 1.7 million b/d from 2.1 million b/d owing to complexities associated with the project where BP and PetroChina are lead contractors, the head of BP Iraq told S&P Global Commodity Insights in a recent interview. Not registered? Receive daily email alerts, subscriber notes & personalize your experience. Register Now Rumaila currently produces around 1.4 million b/d, and partners in Rumaila Operating Organization are in talks with the oil ministry over the timeline for reaching the plateau target, Zaid Elyaseri said in a recent interview in Baghdad. “Obviously, there have been discussions as to what should be the plateau rate for Rumaila,” Elyaseri said. “Initially, it was 2.1 million b/d in the contract but […]