Production News

KOGPC Meets 100.2 % of Production Target
Iran >> 3/10/2015 - Karoun oil & gas producing company (KOGPC) has met 100.3 % of its scheduled production target by the end of first six month of the current Iranian calendar year. ...
Iran to Hit 200bn Cubic Meters of Gas Production
Iran >> 3/9/2015 - A National Iranian Gas Company official has announced the country’s gas production will reach over 200 billion cubic meters by mid-March, setting a record in Iran’s gas production history. NIGC dispat...
Oil Production from Azar Oilfield Successful
Iran >> 3/9/2015 - The operator of Azar oil field announced that the trial withdrawal of oil from the field has been successfully carried out. ...
OER Commences Production at the Qua IboeFfield
Nigeria >> 3/9/2015 - Oando Energy Resources Inc. (OER) completed all civil and pipeline works associated with the Qua Iboe field, and associated crude delivery and sales infrastructure, with commercial production at 2,150...
Qinhuangdao 32-6 Comprehensive Adjustment Project Commences Production
China >> 3/9/2015 - CNOOC Limited announced that its Qinhuangdao 32-6 comprehensive adjustment project has commenced production. The Qinhuangdao 32-6 oilfield is located at the central north of Bohai Bay with an average ...
Iran Oil Production Capacity at 4mb/d
Iran >> 3/4/2015 - The Managing-director of the National Iranian Oil Company (NIOC) said Iran’s crude oil production capacity stands at 4 million barrels a day. ...
Gas Draw from Serajeh Facility hits 735 mcm
Iran >> 3/4/2015 - As much as 735 mcm of gas have been withdrawn from Serajeh gas storage facility over the past 110 days for injection to gas network. ...
Brazil Produced above 3 million boepd for 2nd Month
Brazil >> 3/3/2015 - Brazil produced more than 3 million barrels of oil and equivalent natural gas a day (boepd) for the second straight month in January, 20 percent more than a year earlier, as the country benefited from...
Expiry of Ukrainian Gas Sales Restrictions & JKX Oil & Gas Returns to Full Production
Ukraine >> 3/2/2015 - JKX announces that that it has received confirmation from the Ukrainian state gas distributor that 100% of its nominations for March delivery of gas to industrial customers have been accepted. The Com...
Primeline Show Increase in Cash & Cash Equivalents to CAD$24.5 Million
China >> 3/2/2015 - Primeline Energy Holdings Inc. announced that it has filed its unaudited quarterly financial statements relating to the three and nine month periods ended December 31, 2014. The financial disclosure a...
Power Plants Take 47 bcm of Gas
Iran >> 2/24/2015 - The National Iranian Gas Company’s (NIGC) official announced that the company has delivered about 47 bcm of gas to power plants so far this Iranian calendar year since March 21 2014. ...
Oseberg Delta 2 Comes on Stream
Norway >> 2/20/2015 - Statoil and its partners started up production from Oseberg Delta 2 in the North Sea. The field’s recoverable reserves are estimated at 77 million barrels oil equivalent. ...
Oil & Gas Supply Stable Despite Dust Storm
Iran >> 2/17/2015 - Despite dust storm in the southwest of the country which halted many activates in the Khozestan province, oil and gas flow continued without any interruption. ...
Over 1 bcm of Gas Production Achieved by ICOFC
Iran >> 2/15/2015 - Over 1 bcm of Gas Production Achieved by ICOFC Iranian Central Oil Fields Company (ICOFC) managed to raise gas output by one billion cubic meters over the first 10 months of the current Iranian calend...
South Pars Gas Field Annual Revenues hitting $6b
Iran >> 2/14/2015 - Daily earnings from South Pars gas field phase 12 is estimated at 17.5 million dollars, assuming gas condensate is sold at 60 dollars/barrel. ...
Oil and Natural Gas Production in January
Brazil >> 2/13/2015 - Petrobras announces that its total domestic oil and natural gas production in January 2015 was 2,661 thousand barrels of oil equivalent per day (boed), averaging about the same as December of last yea...
Apache 2014 4Q Production down from 2013
Egypt >> 2/12/2015 - The Apache Corporation has released its financial results for 2014 operations, with a statement by the company denoting a drop in Egypt-based gross production during the fourth quarter of 2014, compar...
South Korea's Samsung Total Sells First Naphtha Cargo
South Korea >> 2/10/2015 - South Korea's Samsung Total Petrochemicals, a regular importer of naphtha, has sold its first naphtha cargo at a time when supply to Asia is being squeezed, traders said. ...
VAALCO Announces Strong Results of the Etame 10-H Well
Gabon >> 2/10/2015 - VAALCO Energy, Inc. (EGY) announced first production from Etame 10-H, the second development well drilled from the newly installed Etame platform, offshore Gabon. The horizontal development well was ...
Gazprom Neft Completes Its Switch-Over to the Exclusive Production of Euro-5 Standard Diesel Fuels
Russia >> 2/9/2015 - The Gazprom Neft Omsk Refinery completed its switch-over to the exclusive production of Euro-5 standard diesel fuels in 2014, increasing production volumes two-fold on 2013 levels, to 6.3 million tonn...

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