Middle East oil Iraq has released detailed data about the crude oil output at each of its 26 oilfields as well as equally detailed export figures in an attempt to prove that OPEC’s external-source output estimates do not reflect reality. This is an unprecedented level of detail for the data – Iraq usually supplies just one figure for output and one for exports. Now, the data also includes a total output figure from fields in Kurdistan. According to these figures, Iraq pumped 4.7 million bpd in September, a few hundred thousand bpd more than what the external sources that OPEC uses for its calculations reported. However, Bloomberg notes, most of the difference between Iraq-reported and externally sourced production figures comes from Kurdistan output, and Iraq’s State Oil Marketing Company did not supply a breakdown of that. This transparency drives started last week, when Iraq’s Energy Minister, Jabbar al-Luaibi, invited […]