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Production News

Pipeline Disruptions Resolved & Production Resumes
Nigeria >> 12/24/2012 - Mart Resources, Inc and its co-venturers, Midwestern Oil and Gas Company Plc. (Operator of the Umusadege field) and SunTrust Oil Company Limited are providing the following update on Umusadege field p...
Production Capacity of Azar & Changuleh Fields is 6 bln
Iran >> 12/22/2012 - Azar and Changuleh OilFields have a production capacity of over 6 bln barrels of oil, the executive manager of Azar and Changuleh Development Project said. ...
Oman Oil Output up 11pc
Oman >> 12/22/2012 - The quantity of oil used by Oman Oil Refineries and Petroleum Industries Company (Orpic) during the first nine months of this year stood at 61,038,800 barrels compared to 54,964,100 barrels during sam...
Iraqi Oil Output Hits 3.2m B/D, Targets 4m for 2014
Iraq >> 12/22/2012 - Iraq's oil production has exceeded 3.2 million barrels a day (b/d) so far this month and it hopes to hit capacity of 4 million b/d in 2014, its Oil Minister Abdul Kareem Luaibi said. ...
Victoria Provides Operational Update & Listing of Shares
Cameroon >> 12/21/2012 - Victoria Oil and Gas Plc, the AIM quoted oil and gas exploration and production company with assets in Cameroon and the FSU, is pleased to provide an operational update. Since the Company's last updat...
New Well Commissioned on Gunashli Field
Azerbaijan >> 12/20/2012 - SOCAR has commissioned the well #306 from the platform #14 on Gunashli field in the Azerbaijani sector of the Caspian Sea. It was drilled to Fasila Suite by the order of 28 May Oil and Gas Processing ...
TNK-BP Invests $64M in Production Technology at Varyoganneftegaz
Russia >> 12/19/2012 - TNK-BP will investabout $64 million in 2013 projects to deploy new production technologies at Varyoganneftegaz (VNG) assets. TNK-BP has been consistently pursuing its strategy of applying new technolo...
Kosmos Energy Records Production from Jubilee Field
Ghana >> 12/19/2012 - Kosmos Energy provided an update on the Company’s global operations and announced record production from the Jubilee field offshore Ghana. ...
Iraq's Kirkuk-Ceyhan Oil Line Resumes Pumping After Fault
Iraq >> 12/16/2012 - Pumping of crude oil through Iraq's Kirkuk-Ceyhan pipeline has resumed to an average of around 400,000 to 450,000 barrels per day after a technical problem a day earlier, two sources at the state Nort...
Calvalley Shuts Oil Well in Yemen After Explosion
Yemen >> 12/14/2012 - Canada's Calvalley Petroleum Inc shut an oil well in south-eastern Yemen after an explosion targeting its facilities damaged the well head. An explosive device went off outside an oil well in Hadramou...
TNK-BP to Increase Oil Production in West Siberia
Russia >> 12/14/2012 - TNK-BP, together with key suppliers and contractors, is implementing new approaches to cooperation to increase the efficiency of innovative challenged oil reserves development projects in West Siberia...
Oman Blocks 3 & 4 Test production Averaging 14,981 Bopd
Oman >> 12/13/2012 - Test production from Blocks 3 and 4 onshore the Sultanate of Oman continues and amounted in November 2012 to 449,425 barrels of oil, corresponding to 14,981 barrels of oil per day (BOPD). Tethys’ shar...
BP Proposes Cuts to Iraq's Rumaila Target
BP Proposes Cuts to Iraq's Rumaila Target Iraq >> 12/13/2012 - Oil major BP is close to reaching a deal with Iraq to cut the final production target for the supergiant Rumaila oilfield to between 1.8 million and 2.2 million barrels per day (bpd), oil ministry and...
Angola to Rise Production Oil Target in 2013
Angola >> 12/12/2012 - Angola, Africa's second-largest oil producer, will raise its oil output slightly next year, although it is unlikely to reach a target of 2 million barrels per day (bpd), the country's oil minister sai...
Mart Provides Umusadege Production & Drilling Operations
Nigeria >> 12/12/2012 - Mart Resources, Inc and its co-venturers, Midwestern Oil and Gas Company Plc. (Operator of the Umusadege field) and SunTrust Oil Company Limited are providing the following update on Umusadege field p...
Kurdistan Crude Flow Cut by 75,000 bpd on Technical Problem
Iraq >> 12/11/2012 - Crude flow from Iraq's autonomous Kurdistan has been cut by around 75,000 barrels per day because of a technical problem at Khurmala oilfield though the region's Tawke and Taq Taq fields are still at ...
Iraq Forecasts Near-Record Oil Output 2013
Iraq Forecasts Near-Record Oil Output 2013 Iraq >> 12/10/2012 - Iraq, the world's fastest growing crude exporter, expects more quick gains next year as foreign companies push production towards the highest level ever, Iraqi Oil Minister Abdul-Kareem Luaibi said.
Suroco Provides Update of Cohembi Development Operations
Colombia >> 11/26/2012 - Suroco Energy Inc is pleased to announce that the Cohembi-12 appraisal well has been successfully drilled and placed on production and drilling has now commenced from the same multi-well pad for the C...
Iran to Increase Gas Production in South Pars Field
Iran >> 11/26/2012 - Managing-Director of Pars Oil and Gas Company Mousa Souri announced that Iran will increase gas production in the giant South Pars gas field, adding that the country will surpass Qatar's gas productio...
TNK-BP to Invest over $170M in Smart Field Program
TNK-BP to Invest over $170M in Smart Field Program Russia >> 11/26/2012 - TNK-BP announces that by 2016 it will invest over $170 million in an integrated program of automation and optimization of production at the Company’s mature fields. ...

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