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Production News

Shell in Talks to Cut Iraq's Majnoon Output Target
Iraq >> 5/8/2012 - Royal Dutch Shell is in talks with Iraq to cut the production target for the Majnoon oilfield, oil ministry documents show, in a move that may prompt discussions with other companies and lead to a dow...
SP Phases 22-24 Coming Online Next Year
Iran >> 5/8/2012 - South Pars gas field phases 22-24 plus their related gas processing plant will come online in the first half of next Iranian calendar year beginning 20th March 2013. ...
Aramco Steps into Trading, Sees Higher Product Volumes
Aramco Steps into Trading, Sees Higher Product Volumes Saudi Arabia >> 5/7/2012 - Saudi Aramco Products Trading Co, the top oil exporter's new trading arm, expects its refined oil products trading volumes to rise to 1.5 million barrels per day (bpd) as it aims to capitalize on its ...
Shell Says Two New Leaks on Nigerian Pipeline
Nigeria >> 5/7/2012 - Shell said two new leaks had occurred on one of its pipelines in southern Nigeria after similar incidents in recent days blamed on crude theft. ...
TransGlobe Announces First Quarter 2012 Results
TransGlobe Announces First Quarter 2012 Results Yemen >> 5/7/2012 - TransGlobe Energy Corporation is pleased to announce its financial and operating results for the three months ended March 31, 2012. All dollar values are expressed in United States dollars unless othe...
Kuwait's Gulf Oil Targets 350,000 Bpd by 2014-2015
Kuwait >> 5/7/2012 - Kuwait Gulf Oil Co. (KGOC) is aiming to increase its oil output to 350,000 barrels a day (bpd) by 2014-2015 from 250,000 bpd now, the company's chairman told state-run news agency KUNA. ...
Total Bores Relief Wells to Tackle Nigeria Gas Leak
Nigeria >> 5/6/2012 - Total has begun drilling two relief wells at a gas plant in Nigeria that was shut down last month because of a leak caused by a technical incident, it said. The leak occurred on a block that also cont...
Early Production from Yadavaran Oil Field Starts
Iran >> 5/6/2012 - Early production from Yadavaran oil field has started since two months ago, managing director of the Petroleum Engineering And Development Company (PEDEC), Naji Saadouni, said. ...
Libya's Agoco Cuts Oil Output Further Due to Protests
Libya >> 5/5/2012 - Libya's Arabian Gulf Oil Company (Agoco) has cut oil production by another 10,000 barrels per day (bpd) due to protests that have closed off its headquarters for nearly two weeks, a spokesman said on ...
Senex Resumes Production at Snatcher Oil Field
Australia >> 5/4/2012 - Senex Energy Limited (Senex) advises that oil production recommenced at the Snatcher oil field in PEL 111 on the western flank of the South Australian Cooper Basin. Appraisal activities at the Snatche...
NIOOC Raising Gas Production by 570 mcf/d
Iran >> 5/4/2012 - Managing director of the National Iranian Offshore Oil Company (NIOOC) says the company’s gas production capacity will rise 570 million cubic feet per day this year after commissioning new projects. ...
Circle Oil Provides Update in Al Amir and Geyad Fields
Circle Oil Provides Update in Al Amir and Geyad Fields Egypt >> 5/3/2012 - Circle Oil Plc the international oil and gas exploration, development and production company, is pleased to announce the following update regarding the Al Amir SE Field ("AASE") and the Geyad field.
Production Restarts at Sudan's Heglig Oil Field
Production Restarts at Sudan's Heglig Oil Field Sudan >> 5/2/2012 - Sudan said the Heglig oilfield, scene of intense fighting with South Sudan last month, has been repaired and has started pumping oil. The two countries have been embroiled in weeks of fighting along t...
Inauguration of Saih Rawl Compression Project
Oman >> 5/1/2012 - Petroleum Development Oman (PDO) celebrated the official inauguration of Saih Rawl Depletion Compression project under the auspices of His Highness Sayyid Mansour bin Majid al Said, Adviser to the Min...
Brownstone Provides Colombian Operations Update
Colombia >> 5/1/2012 - Brownstone Energy Inc is pleased to announce that it has received the following operational update for its Colombian operations. ...
Gas Production from Bovanenkovo Nearing Completion
Russia >> 4/26/2012 - The Gazprom Management Committee took notice of the information about the preliminary results of the Investment Program in 2011 as well as in the first quarter of 2012. The Company's specialized struc...
Gazprom to Increase Oil Production by 48.4% to 80m Tons
Gazprom to Increase Oil Production by 48.4% to 80m Tons Russia >> 4/25/2012 - The Gazprom Board of Directors reviewed the efficiency of Gazprom's oil business and addressed the proposals on boosting oil production volumes. ...
Libya Recovery Helps Boost OMV Q1
Libya >> 4/24/2012 - Output from a Libya, recovering from the turmoil of civil unrest, helped OMV boost production slightly in the first quarter, the Austrian energy group said in a trading statement on Tuesday. Productio...
Jupiter Commences Trial Production from J-50 and J-52 Wells
Jupiter Commences Trial Production from J-50 and J-52 Wells Kazakhstan >> 4/24/2012 - The Board of Jupiter Energy Limited, the Kazakhstan-focused oil exploration and production company is pleased to announce that oil from the J-50 and J-52 wells is now being produced under their respec...
Libya Oil Minister Says Output about 1.5 mln bpd
Libya >> 4/23/2012 - Libyan oil production has climbed to about 1.5 million barrels per day (bpd) and the North African country hopes to reach pre-conflict levels by mid-year, Oil Minister Abdulrahman Ben Yazza told a new...

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