Production News

Senex Commences Extended Production Test at Burruna-2
Australia >> 11/20/2013 - Senex Energy has commenced an extended production test at the Burruna-2 oil discovery in southern Cooper-Eromanga Basin permit PEL 115 (Senex 80% and Operator, Orca Energy 20%). ...
Gazprom Neft Delays Iraq Oilfield Launch
Gazprom Neft Delays Iraq Oilfield Launch Iraq >> 11/19/2013 - Russia's Gazprom Neft, the oil arm of state-controlled Gazprom, has postponed initial production at its Badra oilfield in Iraq until 2014 due to safety concerns and logistical problems, the company sa...
Oil Output Seen up 9 % at 550,000 bpd by Year-End
Ecuador >> 11/19/2013 - Ecuador's oil production should rise to 550,000 barrels per day (bpd) by the end of this year, the oil minister said on Tuesday, up from an average of 504,000 bpd last year. ...
Chevron Confirms First Oil Production from Papa Terra
Brazil >> 11/12/2013 - Chevron Corporation confirmed that its Brazilian subsidiary and Petrobras have started crude oil production from Papa-Terra’s floating production, storage and offloading vessel (FPSO) offshore Brazil....
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. ...
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. ...
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. ...
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...
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...

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