Production News

Shell Starts Production from 2nd Mars Platform in GOM
Shell Starts Production from 2nd Mars Platform in GOM United States >> 2/4/2014 - Shell has begun production from the Mars B development through Olympus – the company’s seventh, and largest, floating deep-water platform in the Gulf of Mexico. It is the first deep-water project in t...
Gazprom to Launch Commercial Gas Production from Kirinskoye in 2014
Russia >> 2/4/2014 - The Gazprom headquarters hosted today a working meeting between Alexey Miller, Chairman of the Company's Management Committee and Alexander Khoroshavin, Governor of the Sakhalin Region. ...
HRT Sells its First Crude Oil Shipment
HRT Sells its First Crude Oil Shipment Brazil >> 2/3/2014 - HRT Participacoes em Petroleo S.A., together with its wholly-owned subsidiary, HRT O&G Exploracao e Producao de Petroleo Ltda., announce that, in the last week of January, 2014, they concluded the fir...
Egypt Forecasts Gas Shortage Next Fiscal Year
Egypt >> 2/3/2014 - Egypt's energy woes are likely to worsen in the next fiscal year as gas production fails to meet surging domestic demand, according to government estimates. ...
Kosmos Announces 140% Reserve Replacement Ratio & 2014 Program
Morocco >> 2/3/2014 - Kosmos Energy Ltd. announced an oil and gas reserve replacement ratio of 140% supported by increased oil reserves in the Jubilee field. Additionally, the company reported a 2014 capital spending plan ...
Start-up of Production from Itau Phase 2
Bolivia >> 1/31/2014 - Total announces the start-up of production from Phase 2 of the Itau gas and condensate field located in Block XX (Tarija Oeste) in the Andean Cordillera foothills of Bolivia. ...
OMV Says Libya Production Resumed at Start of 2014
Libya >> 1/30/2014 - Austrian oil and gas group OMV said production in Libya resumed at the start of 2014 after disruptions due to port blockades, and levels were now in line with its guidance. Production in the fourth qu...
Production Begins at West Chirag
Azerbaijan >> 1/29/2014 - The Azerbaijan International Operating Company (AIOC), operated by BP, announced the start-up of oil production from the West Chirag platform as part of the Azeri-Chirag-Gunashli (ACG) field developme...
Iraq Says Syria War Spillover Hinders Oilfields & Pipelines
Iraq Says Syria War Spillover Hinders Oilfields & Pipelines Iraq >> 1/28/2014 - Spillover attacks from the civil war in Syria have hindered development of Iraq's gas and oil reserves and a major pipeline to the Mediterranean has been blown up dozens of times, Iraq's top energy of...
Lukoil Sees West Qurna-2 Output Rising to 400,000 bpd
Lukoil Sees West Qurna-2 Output Rising to 400,000 bpd Iraq >> 1/28/2014 - Lukoil, Russia's No.2 oil producer, expects to reach production of 400,000 barrels per day (bpd) at its Iraqi West Qurna-2 field this autumn, with initial output of 120,000 bpd seen in April-May, CEO ...
Algeria Sees In Amenas Gas Plant Back to Full Capacity in Weeks
Algeria >> 1/28/2014 - Algeria's In Amenas gas plant, which was attacked by Islamist militants a year ago, will be operating at full capacity within weeks as work on the last of its three processing units is nearing complet...
Salamander Provides Bualuang Field Update
Thailand >> 1/27/2014 - Salamander Energy provides the following update on repairs at the Bualuang oil field. On 8th January the company announced that, due to damage incurred to the risers during bad weather, production fr...
Uganda to Sign Pact with Tullow to Allow for Oil Production
Uganda >> 1/24/2014 - Uganda has completed negotiations with Britain's Tullow Oil and its partners and will soon sign an agreement that could pave the way for the start of crude production. East Africa's third-largest econ...
Daybreak Announces Initial Production on the Gerald Grove H-3 Well
United States >> 1/24/2014 - Daybreak Oil and Gas, Inc, a Washington corporation, is pleased to announce that the Gerald Grove H-3 well, in Lawrence County, Kentucky, was placed on production on December 21, 2013. The well has pr...
Lukoil, Pemex to Sign Cooperation Memorandum
Mexico >> 1/24/2014 - Mexican state-run company Pemex will sign a cooperation memorandum with Russia's No.2 oil producer Lukoil, the Pemex chief executive told Reuters as the country is opening up its energy sector in a mo...
Pacific Responds to False Media Report on its STAR Technology
Colombia >> 1/24/2014 - Pacific Rubiales Energy Corp announced that while it is a general policy not to comment on market or media rumours, the Company would like to formally refute the false media report recently published ...
Norway's Yara Says Shut Libyan Production
Libya >> 1/22/2014 - Production at Norwegian fertilizer maker Yara's Libyan plant was shut at the end of last week and the timing of its restart is uncertain, a company spokesperson said. ...
Damaged Algeria Gas Plant at Full Capacity in Weeks
Algeria >> 1/22/2014 - Algeria's In Amenas gas plant which was damaged by heavily armed jihadists during a bloody hostage crisis one year ago will reach full capacity in weeks, the energy minister said. ...
400 mcfp/d Increasing in Rashid Production in June 2014
Egypt >> 1/20/2014 - Rashid Petroleum company started the implementation of the program for the early production from the fields of the ninth stage "A" Burullus zone with production capacity of 400 mcfp/d, to meet the exp...
UAE's Shah Gas Project Now Seen Online Early 2015
United Arab Emirates >> 1/20/2014 - The United Arab Emirates' Shah gas project will not be operational until early 2015, the head of the Abu Dhabi National Oil Company (ADNOC) said, confirming the multi-billion dollar development was be...

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