Production News

Statoil Receives Consent for Use of Gina Krog
Norway >> 4/24/2017 - Statoil has received consent to put the Gina Krog facility and associated pipeline system into service. In June 2016, Statoil received partial consent from the PSA to put into service the accommodatio...
SOCAR Boosts Caspian Resources Output
Azerbaijan >> 4/23/2017 - Azerbaijan’s state-run oil company SOCAR will produce another 43,800 tons of oil and around 3.65 million cubic meters of gas per year after it commissioned a new well on the Guneshli offshore field in...
Azar Oilfield Output to Reach 30,000 bpd
Iran >> 4/22/2017 - Production from Azar Oilfield in the southern Ilam Province is slated to double in May, said Keyvan Yarahmadi, who oversees the development of field at the Petroleum Engineering and Development Compan...
OPEC & Non-OPEC Committed to Restore Market Stability
Iran >> 4/20/2017 - OPEC Secretary-General Mohammad Barkindo said that all oil producers taking part in a supply-cut pact are committed to bringing global inventories down to the industry’s five year average and restorin...
Over 6 Billion Cubic Meters of Hydrocarbons Produced from Vietnam’s Moc Tinh & Hai Thach Fields
Vietnam >> 4/19/2017 - A working meeting between Alexey Miller, Chairman of the Gazprom Management Committee, and Nguyen Vu Truong Son, CEO and Member of the Board of Directors of Vietnam Oil and Gas Group (PetroVietnam), t...
Wintershall Starts First Oil Production in Danish North Sea
Denmark >> 4/19/2017 - Wintershall Noordzee B.V. has commenced production from its first own-operated Danish oil field. The Ravn field (Block 5/06) produces oil from a depth of approximately 4,000 meters via a newly constru...
First Gas Flows at Bezzecca in Northern Italy
Italy >> 4/18/2017 - Saffron Energy plc, the natural gas producer with interests in northern Italy, is pleased to announce that first gas production from the Bezzecca gas field commenced on Thursday 13 April 2017. Commi...
Iran Eyes 0.5mbd of Crude from West Karoon Region
Iran >> 4/13/2017 - Iran will be recovering over half a million barrels per day of crude oil by late-June 2017, a senior Iranian oil official said. ...
Ascent Resources Commences Production from Pg-10 Well
Slovenia >> 4/13/2017 - The Board of Ascent Resources plc, the European focused oil & gas exploration and production company is delighted to report that commercial production has commenced from well Pg?10. The Company has be...
Saffron Energy Receives Final Approval for First Gas at Bezzecca
Italy >> 4/12/2017 - Saffron Energy plc, the natural gas producer with interests in northern Italy, has received the final approval from the Italian Ministry of Economic Development (UNMIG) for gas production at the Bezze...
Exillon's March Production Report
Russia >> 4/11/2017 - Exillon Energy plc ("Exillon Energy", the "Company" or the "Group") (EXI.LN), a London Premium listed oil producer with assets in two oil-rich regions of Russia, Timan-Pechora ("Exillon TP") and West ...
NOVATEK to Start Gas Condensate Production at Yamal in 2017
Russia >> 4/5/2017 - Russia's NOVATEK plans to start gas condensate production at its Yamal LNG project this year, Leonid Mikhelson, chief executive with NOVATEK, told reporters on Tuesday. At its peak, Yamal LNG will ...
Regal Petroleum Provides Update on Ukraine Operations
Ukraine >> 4/4/2017 - Regal Petroleum plc, the AIM-quoted oil and gas exploration and production group, announces an update of its operational activities at its Ukrainian gas and condensate fields, which comprise the Mekhe...
Nine Million Tonnes of Oil Produced at Lukoil’s North Caspian Fields
Russia >> 4/3/2017 - LUKOIL has reached another milestonnee with nine million tonnes of oil, produced at Vladimir Filanovsky and Yuri Korchagin fields. ...
Oil Production Increases 14.6% Compared to February 2016
Brazil >> 4/3/2017 - In February 2017, oil production in Brazil totaled 2.666 billion barrels per day (bbl / d). The volume represents a growth of 14.6% in relation to the same month in 2016 and a decrease of 0.4% in comp...
LEKOIL Signs Commercial Offtake Agreement with Shell for Otakikpo
Nigeria >> 3/30/2017 - LEKOIL, the oil and gas exploration, development and production company with a focus on Africa, announces a commercial offtake agreement with Shell Western Supply and Trading Limited, a subsidiary of ...
President Energy Provides Operations Update in Argentina
Argentina >> 3/29/2017 - President Energy (AIM: PPC), the oil and gas exploration company provides the following update on its Argentina operations. ...
Egypt to Begin Production from Zohr Gas Field by late 2017
Egypt to Begin Production from Zohr Gas Field by late 2017 Egypt >> 3/28/2017 - The CEO of Rosneft, the majority state-owned Russian oil company, said on Monday that the first gas production from Egypt's super giant Zohr gas field is scheduled by the end of 2017. ...
5-Millionth Tonne of Oil Produced at Gazprom Neft's Badra Oil Field
Iraq >> 3/27/2017 - Gazprom Neft Badra, a subsidiary of Gazprom Neft, has produced the five-millionth tonne of oil at its Badra field, Iraq. Thanks to the application of cutting-edge production and transportation technol...
Angola Trims May Crude Exports to Boost OPEC Compliance
Angola >> 3/27/2017 - Angola's state-run Sonangol has taken two cargoes out of its planned May exports in a move to boost its compliance with an OPEC deal to curb production, an oil trader familiar with Angolan loading pla...

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