Production News

Colombia's Ecopetrol Seeks 63% Production Rise by 2020
Colombia >> 11/8/2013 - Ecopetrol, Colombia's publicly traded, state-controlled oil company, said it will spend as much as $75 billion by 2020 to lift oil and gas production to 1.3 million barrels of oil equivalent per day (...
PBR Reinforces Opportunities for Foreign Suppliers
Brazil >> 11/1/2013 - The pre-salt challenges present new technological issues when compared to those that were overcome in the past while exploring the post-salt fields. Hence the opportunity arises to establish supply pa...
Pre-Salt Produced 250 mln Barrels in Brazil
Brazil >> 10/31/2013 - Cumulative production in the pre-salt has already reached 250 million barrels of oil equivalent (oil and gas) since production started in the Campos Basin pre-salt layer in 2008. The information was p...
United States Surpassed Russia and Saudi Arabia in Oil Production
United States >> 10/31/2013 - Is The US Overtaking Russia as World's Biggest Oil and Gas Producer?
Originally projected to the world’s biggest producer of oil and gas in 2014, the United States surpassed Russia and ...
Kiliwani North Gas Sales Negotiations at Advanced Stage
Tanzania >> 10/31/2013 - Aminex PLC (Aminex) announces that gas sales negotiations between its Tanzanian subsidiary Ndovu Resources Ltd. (Ndovu) and the Tanzanian Petroleum Development Corporation (TPDC) for its Kiliwani Nort...
Mubadala Petroleum Starts Production at Ruby Gas Field
Indonesia >> 10/30/2013 - Mubadala Petroleum announces that production has commenced and stable flow has been established through the export pipeline at the Ruby gas field in Indonesia. The Ruby gas field is located within the...
Technology Can Help Reduce Production Costs
Brazil >> 10/30/2013 - Petrobras’ Director for Exploration and Production, Jose Formigli, stressed the importance of developing offshore technology and the ability to manage risk in large projects that, in his view, should ...
Petrobras Will Increase Production Capacity in 2013
Brazil >> 10/30/2013 - Petrobras will receive nine production units in a single year for the first time ever. The installed production capacity of the platforms amounts to 1 million barrels per day and the units coming on s...
Suizhong 36-1 Phase II Adjustment Project Starts Production
China >> 10/30/2013 - CNOOC Limited announced that Suizhong 36-1 Phase II adjustment project has commenced production. ...
NOVATEK Launched Eastern Dome of North-Urengoyskoye Field
Russia >> 10/29/2013 - OAO NOVATEK (NOVATEK and/or the Company) announced the launch of the Eastern dome of the North-Urengoyskoye field developed by the Nortgas joint venture. ...
Petrobras Oil Output up by 3.7% in September
Brazil >> 10/25/2013 - Oil output (oil plus natural gas liquids – NGL) from all of Petrobras’ fields in Brazil averaged 1.979 million barrels per day (bpd) in September. This volume is 3.7% higher than the average output of...
Drilling Continues at Naga Utara-2 Well
Indonesia >> 10/25/2013 - Cue Energy Resources Ltd (Cue) advises that, the Naga Utara-2 well is at a depth of 1,305 ft MDKB (398m) and is preparing to drill ahead in 17˝” hole. ...
First Horizontal Wells Commissioned at Tsarichanskoye Field
Russia >> 10/24/2013 - Gazprom Neft Orenburg, a subsidiary of Gazprom Neft, has put on-stream the first three horizontal wells at its Tsarichanskoye field. The total daily flow rate of the wells is 615 tons of oil, which ex...
Libra to Enter Production in 2020
Brazil >> 10/24/2013 - Brazil's biggest oil discovery, the offshore Libra area, will not enter production until 2020 and peak output will come at least four years later, the head of state-run oil company Petrobras said. ...
Benin Eyes Return to Oil Production in 2014
Benin >> 10/24/2013 - Benin's government said it hoped oil production would restart in the West African nation next year in blocks controlled by South Atlantic Petroleum (SAPETRO) from neighbouring Nigeria. ...
NOVATEK Launched Urengoyskoye Field
Russia >> 10/24/2013 - OAO NOVATEK (NOVATEK and/or the Company) announced today the initial launch of the Urengoyskoye field within the Company’s Olimpiysky license block, with the field’s production capacity estimated at o...
BG Says Tunisia More Reliable Than Egypt to Gas Producers
Tunisia >> 10/23/2013 - Tunisia is proving a more reliable place to produce natural gas than Egypt as the smallest nation on the North African coast pays its fuel bills on time, a BG Group Plc (BG/) executive said. ...
Russia First Subsea Production Facility Successfully Tested in Kirinsky Field
Russia >> 10/23/2013 - The Onshore Processing Facility (OPF) of the Kirinskoye gas and condensate field in the Sakhalin Region hosted an official ceremony dedicated to the first gas production and its transmission system te...
Canacol Energy Ltd. Provides Operations Update
Colombia >> 10/23/2013 - Canacol Energy Ltd is pleased to announce the results of its Labrador 5 well at the Labrador discovery located on the LLA23 Exploration and Production (“E&P”) Contract, along with a general Corporate ...
ITF Encouraged Developers with Water Production Solutions
Brazil >> 10/22/2013 - ITF, the global technology facilitator, is calling on developers to come forward with new and innovative solutions to water production challenges in Brazil. ...

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