Tracking the declines in ISIS oil production

Oil has been a key revenue source for ISIS, yet new data shows that production has steadily declined in areas under the group’s control.

Historically, it has been difficult to get an accurate measure of ISIS’s oil production. Past estimates extrapolated from chance observations at a small number of production sites — typically wherever journalists have had a source or intelligence documents have been seized. But that is like counting employees at a few McDonalds locations to draw conclusions about the number of workers across the fast food industry.

Keep reading 146 words

To arrive at a more precise figure, my colleagues and I developed a tool, as reported in a recent paper, that uses satellite imagery to evaluate in real time all 42 of the oil production sites once controlled by ISIS. The results show that production levels were approximately 56,000 barrels per day from July to December 2014. Production dropped to an average of 35,000 barrels per day throughout 2015, before declining further to approximately 16,000 barrels per day in 2016.

Why it matters: Our study shows that ISIS has been highly ineffective in managing its oil fields, limiting its revenue from these valuable assets and forcing it to fall back on taxation and extortion for funding. This data can also help to shape plans for rebuilding areas liberated from ISIS control by setting priorities for needed repairs and providing revenue projections for local economies.

AXIOS

5 Comments on "Tracking the declines in ISIS oil production"

Go Speed Racer on Mon, 13th Nov 2017 6:40 pm

Fill er up with ISIS.
Put 72 virgins in your tank.

Sissyfuss on Mon, 13th Nov 2017 10:54 pm

Hard to maintain production when you’re busy raping, plundering, and beheading.

makati1 on Mon, 13th Nov 2017 11:34 pm

Just more signs of the insanity that is spreading around the world as things collapse. Interesting to watch. Inevitable ending.

fmr-paultard on Tue, 14th Nov 2017 2:12 pm

i wonder what aswang is doing? that link i posted shows devastation done with just few abu sayaf
http://www.dailymail.co.uk/news/article-5017711/Photos-ISIS-battle-devastated-Philippines-city.html

aswang is not safe

Anonymouse1 on Wed, 15th Nov 2017 1:54 pm

Oil has been a supplemental revenue source for the USlamic state in addition to the funds uS,Israeli and London provides, yet new data shows that production has steadily declined in areas under the group’s control.

The ‘area’s being discussed, is the territory of the sovereign state of Syria.

Fixed.

I bet the EIA has an office over there and handles all the USlamics’s state’s oil reports.

Tracking the declines in ISIS oil production

Leave a Reply Cancel reply