Production News

China's Iraqi Oil Lifting Seen up 50 Pct in 2012
Iraq >> 11/18/2011 - China is likely to lift a total of up to 500,000 barrels per day of crude oil next year from Iraq, the fastest-growing oil producer in the Middle East, a volume nearly 50 percent more than this year, ...
Iran Self-Sufficient in Petrol Production
Iran >> 11/18/2011 - The director of the National Iranian Oil Refining and Distribution Company has announced that Irans gasoline production has approximated its consumption, rendering Iran independent of foreign imports....
Iraq Aims to Up Rumaila Oilfield Output by 10 Percent
Iraq >> 11/17/2011 - Iraq is planning to increase production by around 10 percent or about 130,000 barrels per day (bpd) at the giant Rumaila oilfield in 2012, its general manager told a London conference. Production is c...
First Oil at Aseng Increases PA Resources Production
Equatorial Guinea >> 11/15/2011 - Production of oil has commenced on the Aseng Field in Block I in Equatorial Guinea. The field will contribute approximately 3,000 barrels of oil per day net to PA Resources. The Aseng project was deli...
Blocks 3&4 Production Increase Averaging to 6,989 Bopd
Oman >> 11/14/2011 - Test production from the Early Production System (EPS) on Blocks 3 and 4 onshore the Sultanate of Oman continues and amounted in October to 216,646 barrels of oil, corresponding to 6,989 barrels of oi...
Kuwait Daily Crude Output Exceeds 3 mln bpd
Kuwait >> 11/13/2011 - Kuwait's daily output of oil has exceeded three million barrels per day (bpd), announced the Minister of Oil Dr. Mohammad Al-Busairi. The production of crude oil reached 3.67 million barrels per day o...
Politics May Delay Egypt Oil Block Output
Egypt >> 11/13/2011 - Political instability in Egypt may delay the first crude output from the offshore Northwest October block in the northern Gulf of Suez, a top executive from operator AOC Holdings said. ...
Iraqi Kurd Oil Exports Seen at 175,000 Bpd in 2012
Iraq >> 11/13/2011 - Iraq's semi-autonomous northern Kurdish region has agreed with the central government to boost the region's crude oil exports to 175,000 barrels per day next year, Kurdish Prime Minister Barham Salih ...
Libya's El Feel Restarts Production
Libya >> 11/12/2011 - Production has restarted at Eni's largest oilfield in Libya, known as Elephant because of its size, pumping 40,000 barrels per day (bpd), Hussein Abuseliana, field manager at the site said. "Productio...
OMV Production After Libya’s Conflict
OMV Production After Libya’s Conflict Libya >> 11/11/2011 - The first nine months of this year have been dominated by the consequences of the political turmoil in North Africa and the Middle East, which have led to major production shortages from Libya and Yem...
TransGlobe Announces 3rd Quarter Results in Yemen
Yemen >> 11/9/2011 - TransGlobe Energy Corporation is pleased to announce its financial and operating results for the three and nine months ended September 30, 2011.

- Operations Update:
- Yemen east- Masila...
Russia Oil and Gas Report Q4 2011
Russia >> 11/8/2011 - This latest Russia Oil & Gas Report from BMI comes during a record-breaking year of oil production for the country. Output reached a fresh post-Soviet high of 10.3mn barrels per day (b/d) in September...
Gas Production Capacity Increasing by 10 Percent
Iran >> 11/8/2011 - Addressing the meeting of the high ranking officials of the Security Organization of the petroleum ministry, Qalebani further said that part of the additional volume would come from South Pars gas fie...
Mart Provides Operational Updates for Umusadege Field
Nigeria >> 11/4/2011 - Mart Resources, Inc and its co-venturers, Midwestern Oil and Gas Company Plc. (Operator of the Umusadege field) and Suntrust Oil Company Limited are pleased to provide an operational update on the Umu...
Kuwait Produces 1-1.2 bln Cubic Feet of Gas per Day
Kuwait >> 11/1/2011 - Kuwait produces between 1-1.2 billion cubic feet of gas every day but imports around 500 million cubic feet per day, a senior oil official said. Jamal Al-Loghani, Deputy Director General for Internati...
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...
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...

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