Production News

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.
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...
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...
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. ...
TNK-BP to Commission 700M Ruble Power Plant in Uvat
Russia >> 11/21/2012 - TNK-BP announces it has begun integration testing of a new 15 MW gas-fired piston power plant (GPPP) at Ust-Tegusskoe field, part of the company’s Uvat project, after investing close to 700 million ru...
DNO Hits Record Production Oman Block 8
Oman >> 11/21/2012 - DNO International ASA ("DNO International"), the Norwegian oil and gas company, announced today that production from Block 8 offshore the Sultanate of Oman has climbed to a record daily rate of 20,000...
Gold Oil Provides Nancy Burdine Field Update
Colombia >> 11/19/2012 - Gold Oil, the AIM-listed oil and gas exploration and production company, is pleased to announce that the suspension of the Nancy Burdine field has been lifted effective 14 November 2012. Presently the...
DNO International Reports Record Output
DNO International Reports Record Output Iraq >> 11/15/2012 - DNO International ASA, the Norwegian oil and gas company, announced that gross production across its oil and gas portfolio has exceeded 100,000 barrels of oil equivalent (boe) per day for the first ti...
Galkynysh Turkmen Field to Produce Gas in 2013
Turkmenistan >> 11/15/2012 - Turkmenistan plans to begin production at the world's second-largest gas field next year, a senior Turkmen official said, opening up new U.S.-backed supply routes to Europe and Asia at the risk of Rus...
Tullow Oil Provides Q3 of 2012 Updates for Ghana
Ghana >> 11/14/2012 - Tullow Oil plc (Tullow) issues the following Interim Management Statement, for the period 1 July to 14 November 2012, in accordance with reporting requirements of the EU Transparency Directive. The Gr...
Afren Plc Provides Q3 of 2012 IMS for Ivory Coast
Ivory Coast (Cote D'Ivoire) >> 11/13/2012 - Afren plc, announces its Interim Management Statement and financial results for the nine months ended 30 September 2012 and an update on its operations year-to-date 2012, in accordance with the report...
Oil to Surge as US Becomes Top Producer
United States >> 11/13/2012 - The global thirst for oil will grow in the next two decades driven by demand from emerging nations and the rise of the United States as the world's top producer, the International Energy Agency said. ...
Crescent Petroleum to Enter Libya & Lebanon
Crescent Petroleum to Enter Libya & Lebanon Iraq >> 11/13/2012 - United Arab Emirates-based Crescent Petroleum is gearing up for expansion in the Iraqi oil and gas sector and a debut into Libya and Lebanon, its chief executive told Reuters. ...
Shell Positive on Iraq Majnoon
Shell Positive on Iraq Majnoon Iraq >> 11/13/2012 - Iraq's Majnoon oilfield, operated by Royal Dutch Shell, is expected to hit output above 200,000 barrels per day (bpd) in the third quarter of 2013 — above the level needed to start recovering costs, S...
Blocks 3&4 Production Averaged 13,814 Bopd in October
Oman >> 11/12/2012 - Test production from the Early Production System (EPS) on Blocks 3 and 4 onshore the Sultanate of Oman continues and amounted in October 2012 to 428,225 barrels of oil, corresponding to 13,814 barrels...

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