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Production News

Daily Production in Uvat Project is 29% Up Since 2011 Start
Russia >> 11/1/2011 - The daily production of oil in the Uvat project fields being developed by LLC TNK-Uvat, a subsidiary of TNK-BP, has grown up by 29% from 14,142,000 to 18,200,000 tons in the first 10 months of 2011. <...
Iraq Aims to Join OPEC Quota System in 2014
Iraq >> 10/26/2011 - Iraq will ask to rejoin OPEC’s quota system for crude output in 2014 as the holder of the world’s fifth-largest oil reserves boosts production from an average of 2.9 million barrels a day. The country...
Libyan Oil Flows Rise as Spain Restarts Output
Libya >> 10/25/2011 - Libya's oil output has risen to 500,000 barrels per day (bpd) boosted by fresh flows from Spain's El Sharara field, the interim oil and finance minister said. "As of an hour ago we are up to 500,000 b...
Gas Production of 61 mcm/d Guaranteed Northeast Iran
Iran >> 10/23/2011 - Managing director of the East Oil and Gas Production Company announced the production of over 61 million cubic meters of sweet and sour gas per day from the northeastern reservoirs of the country in t...
Syria Block 26 Production & Operations Update
Syria >> 10/17/2011 - Gulfsands Petroleum plc, the oil and gas production, exploration and Development Company with activities in Syria, Iraq, Tunisia, Italy and the U.S.A., provide the following update on oil production i...
UAE Cut Oil Output to 2.5 Mln bpd in September
United Arab Emirates >> 10/17/2011 - The United Arab Emirates (UAE) produced 2.5 million barrels per day (bpd) of crude oil in September, down from around 2.6 million bpd in August, a Gulf oil source said. Leading oil exporter Saudi Arab...
Eni starts production in Libya
Libya >> 10/15/2011 - Eni started re-opening production in Abu- Attifel. A first batch of five wells was successfully re-opened to production with about 30,000 bpd yesterday. In the next 48 – 72 hours other wells will be r...
Libya Says Oil Output to Hit 1 Million Bpd
Libya >> 10/12/2011 - Production from a Libyan oil field will restart within days and the country should be able to pump 1 million barrels per day (bpd) within a year, the interim oil and finance minister said. ...
PetroVietnam Submits Bid to Acquire ConocoPhillips Assets
Vietnam >> 10/12/2011 - Vietnam Oil & Gas Group, known as PetroVietnam, said it submitted a bid this week to buy all of ConocoPhillips (COP)’s energy assets in Vietnam to boost production. ...
Gas Sales Agreement for Block 60
Oman >> 10/11/2011 - Gas Sales Agreement for Block 60 was signed at the Ministry of Oil and Gas between the Government of the Sultanate of Oman and Oman Oil Company Exploration & Production LLC. ...
Oman Production to Increase Averaging 6,365 Bopd
Oman >> 10/10/2011 - Test production from the Early Production System (EPS) on Blocks 3 and 4 onshore the Sultanate of Oman continues and amounted in September to 190,938 barrels of oil, corresponding to 6,365 barrels of ...
Rumaila South Oilfield Shut After Bombs Hit Pipeline
Iraq >> 10/8/2011 - Output at Iraq's Rumaila oilfield has been cut to 530,000 barrels per day from about 1.24 million bpd after two bombs hit pipelines on Friday and halted some production, a senior Iraqi oil official sa...
Libyan Oil Export Flow a Trickle, Not a Gush
Libya >> 10/7/2011 - Libya's prized light, sweet oil is trickling slowly onto the global spot market but demand from domestic refiners, production glitches and an internal struggle for control of the sector means it is un...
Gazprom and Kogas Interest in Pipeline Gas Supplies
South Korea >> 10/7/2011 - Today in Dubronvik (Croatia) Alexander Medvedev, Deputy Chairman of the Gazprom Management Committee met with Choo Kangsoo, President – Chief Executive Officer of Kogas within the IGU Council Meeting....
OGX & Shell Sign Commercialization Agreement for Waimea Oil
Brazil >> 10/6/2011 - OGX, the Brazilian oil and gas company responsible for the largest private-sector exploratory campaign in Brazil, announced that on October 6, 2011 it has signed a commercialization agreement with She...
Eni Fears Largest Libyan Oilfield is in Ruins
Libya >> 10/5/2011 - Italian oil major Eni fears its largest oilfield in Libya, known as Elephant, may be in ruins, which could dash hopes of a speedy return of Libyan supplies to global markets after months of war. "One ...
Shah Deniz Project Receives Three Bids for Gas
Azerbaijan >> 10/3/2011 - BP's Shah Deniz project said it had received three bids for 10 billion cubic metres of gas that will be made available to European customers from the next stage in the fields' expansion. ...
Eni Restarts Production in Libya At Abu-Attifel
Eni Restarts Production in Libya At Abu-Attifel Libya >> 9/26/2011 - Eni restarts production in fifteen Libyan wells in Abu-Attifel, located at 300 km south of Benghazi. At present, the production level is approximately 31.900 Bopd. In the coming days, other wells will...
Shell Shuts in 25,000 bpd Oil Output in Nigeria
Nigeria >> 9/26/2011 - Royal Dutch Shell shut in 25,000 barrels per day (bpd) of oil production from its Nigerian Imo River field in the Niger Delta from August 28, the company said on Monday. "We have taken the responsible...
Total Says Al-Jurf Field in Libya Has Restarted
Libya >> 9/23/2011 - French oil company Total said on Friday production at its Al-Jurf offshore field in Libya had restarted, earlier than expected. "The information that we have received allows us to confirm that produc...

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