Production News

West African Oil Booms as Refineries Cash in on High Margins
Angola >> 8/2/2017 - Booming refinery profits are helping West African oil producers sell cargoes quickly, aided by a shortage in certain types of crude amid OPEC production cuts and Venezuelan troubles. A fight for sour ...
Algeria Boosts Oil Output by 32,000 bpd with Two New Fields
Algeria >> 8/2/2017 - OPEC member Algeria has increased crude oil output by 32,000 barrels per day after starting production at two fields, an energy ministry official said. ...
CNOOC Limited Announces BD Gas Field in Indonesia Commences Production
Indonesia >> 8/1/2017 - CNOOC Limited announced the BD gas field in Indonesia has already commenced production. The BD gas field is located in Madura Strait at a water depth of approximately 55 meters. Main production facili...
Statoil Starts Production at Byrding Field
Norway >> 7/28/2017 - Statoil and its partners have started production on the Byrding field as planned. Recoverable volumes in Byrding are estimated at a good 11 million barrels of oil equivalent. Byrding is an oil and gas...
China's CNPC Resumes Part Of Gas Production At Changqing Field
China >> 7/28/2017 - China National Petroleum Corp is gradually resuming operations at its closed Changqing gas field in China's western province Shaanxi, the company said on social media site Weibo on Friday. ...
RN-Yuganskneftegaz Passes Historic Milestone of Daily Output
Russia >> 7/27/2017 - RN-Yuganskneftegaz, Rosneft’s largest oil-producing enterprise, has set a new record of crude and condensate daily output since 1986 - 184,549 tons per day. ...
Iraq Orders to Raise the Production Capacity of Najaf Refinery to 50.000 B/D
Iraq >> 7/27/2017 - Mr. Jabbar Ali Hussein Al-Luiebi the minister of oil visited Najaf governorate and met with the responsible officials in there. He also ordered to raise the production capacity of Najaf refinery to (5...
Egypt Expects Gas Output to Hit 6.2 b cubic feet per day by End-2017/18
Egypt Expects Gas Output to Hit 6.2 b cubic feet per day by End-2017/18 Egypt >> 7/27/2017 - Egypt expects its natural gas production to rise to 6.2 billion cubic feet per day by the end of the 2017/2018 fiscal year which began this month, Petroleum Minister Tarek El Molla told Reuters on Thu...
Seven Million Tonnes of Polyethylene Produced at Lukoil Stavrolen Plant
Russia >> 7/26/2017 - LUKOIL has reached another milestonnee with seven million tonnes of polyethylene produced at Stavrolen, the company’s major petrochemical facility. ...
Eland Oil & Gas Provides Update on Nigeria Operations
Nigeria >> 7/24/2017 - Eland Oil & Gas PLC, an oil and gas production and development company operating in West Africa with an initial focus on Nigeria, is pleased to provide an operational update for the six months ended 3...
Gazprom Neft Begins Production at the Otdalennaya Group of Fields
Russia >> 7/24/2017 - Gazpromneft-Noyabrskneftegaz, a subsidiary of Gazprom Neft, has completed the drilling and testing of its first production well at the Zapadno-Chatylkinskoye field. The total length of the constructed...
Cabot Energy Provides Production and Operations Update
Canada >> 7/20/2017 - Cabot Energy, the AIM quoted oil and gas company focused on production led growth balanced with high impact exploration and appraisal opportunities, provides the following update on the Company's prod...
Kuwait's Ethylene 2 Plant Resumes Production
Kuwait >> 7/18/2017 - Kuwait's Ethylene 2 Plant resumed operation following a brief shutdown for technical considerations last week, the EQUATE Group announced. ...
Egypt Sets Sights on Doubling Natural Gas Output by 2020
Egypt Sets Sights on Doubling Natural Gas Output by 2020 Egypt >> 7/17/2017 - Three recently discovered major gas fields are expected to raise Egypt's natural gas output by 50 percent in 2018 and 100 percent in 2020, the petroleum ministry said. ...
LUKOIL Produces 3 Million Tonnes of oil at Vladimir Filanovsky Field
Russia >> 7/16/2017 - LUKOIL has reached another milestone with three million tonnes of oil produced at the Vladimir Filanovsky field in the Caspian Sea. ...
Kuwait to Boost Oil-Output Capacity from 2030, Plans Refineries
Kuwait >> 7/13/2017 - Kuwait plans to raise oil-production capacity to as much as 4.75 million barrels a day after 2030 as the OPEC member builds refineries in Asia to process more of its crude, the head of state-run Kuwai...
Norway Sees Decrease in June Oil and Gas Production
Norway >> 7/11/2017 - Preliminary production figures for June 2017 show an average daily production of 1 884 000 barrels of oil, NGL and condensate, which is a decrease of 116 000 barrels per day compared to May. Total gas...
Record-Setting Privott 17-H Well Reaches 6,000 boepd
United States >> 7/11/2017 - Devon Energy Corp. (DVN) has brought online a record-setting Meramec well and commenced production on several high-rate wells in the core of the over-pressured oil window of the STACK play during the ...
Saudi Aramco's Manifa Oilfield Production Hit by Technical Issue
Saudi Arabia >> 7/11/2017 - Output from Saudi Aramco's massive Manifa oilfield has been hit by a technical problem, the International Oil Daily reported, citing unnamed sources. ...
West Karoun Oil Field Production Reach 368000 Bpd
Iran >> 7/10/2017 - Iran currently produces 290000 barrels of crude oil per day, the figure which is going to witness an increase of 78000 barrels bpd, the managing director of Iran’s Petroleum Engineering and Developmen...

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