Tags: ISIS/Islamic State | isis | oil | barrels | production

ISIS Oil Production Plunging Since 2014

ISIS Oil Production Plunging Since 2014
Firefighters struggle to extinguish flames from a burning oil well on the outskirts of the town of Qayyarah, Iraq, Nov. 27, 2016. The town was liberated from ISIS control in August 2016 and struggles with an ecological disaster caused by burning oil wells set alight by retreating ISIS fighters. (AP)

By    |   Wednesday, 08 November 2017 05:40 PM

ISIS's oil production peaked in the six months after the fall of Mosul in 2014 — and then dropped like a rock, even as production numbers were small to begin with, a World Bank study found.

Using visible infrared imaging radiometer suite seniors (VIIRS) to capture gas flares from active wells — and papers and internal accounting from a capured ISIS official in 2015 — the researchers compared production data from pre-ISIS records, the warfare technologies outlet C4ISRNET reported.

According to the World Bank report, the estimates of production levels were about 56,000 barrels per day from July to December 2014, then drop to an average of 35,000 barrels per day throughout 2015 — before dropping further to approximately 16,000 barrels per day in 2016.

"Throughout the entire run of the Islamic State, it produced only about as much oil as Abu Dhabi makes in 10 days," C4IRSNET reported.

"By the end of 2017, the likely amount of oil produced in ISIS-held territory is bound to be what it was pre-2013: zero barrels."

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ISIS's oil production peaked in the six months after the fall of Mosul in 2014 - and then dropped like a rock, even as production numbers were small to begin with, a World Bank study found.
isis, oil, barrels, production
171
2017-40-08
Wednesday, 08 November 2017 05:40 PM
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