LEXINGTON, Massachusetts: If all things go according to production plans in Iraq, oil production there could outpace Saudi Arabia within roughly seven years, an analyst said. Supermajors Royal Dutch Shell and Exxon Mobil said they could eventually produce around 2.8 million barrels of oil per day from the West Qurna-1 field in Iraq. Sameul Ciszuk, a Middle East energy analyst at IHS Global Insight, said that with modern technology, both companies were able to determine there were more recoverable resources locked in Iraq. The West-Qurna levels are 22 percent higher than earlier estimates, the report added. New revisions of estimated reserves in Iraq led the country's oil minister to say in October that there were around 143 billion barrels of oil in Iraq. Ciszuk said if all developments go ahead as planned, Iraq could be producing 13 million bpd at some point after 2017. Benchmark oil for January delivery was up 12 cents to $88.12 a barrel on the New York Mercantile Exchange. In London, Brent crude rose 34 cents to $91.03 a barrel on the ICE futures exchange.