Production News

Iran Says Production of Oil from Caspian Sea Not Priority
Iran >> 6/15/2016 - Minister of Petroleum Bijan Zangeneh said on Tuesday that production of oil from Caspian Sea is not priority. Speaking in the Majlis(parliament) public meeting, he said that oil recovery from the Casp...
Russia's Gazprom Expects China's Gas Consumption to Double
Russia >> 6/14/2016 - Russia's top gas producer Gazprom expects China's gas consumption to more than double, deputy CEO Alexander Medvedev said on Tuesday, suggesting the company is still counting on robust growth in deman...
Skyland Petroleum to Commence Production Testing in Georgia
Georgia >> 6/14/2016 - Skyland Petroleum Limited (SKP) announced that the semi-horizontal bore hole required for the full production testing on the Kumisi #2 Well in Georgia has been successfully completed on time a...
Gullfaks Partners Given Consent for Start-up of Rutil
Norway >> 6/13/2016 - The Norwegian Petroleum Directorate (NPD) has granted the licensees in Gullfaks (production licence 050) consent to start-up the facilities on the Rutil deposit on Gullfaks South, and to start produci...
Iran Sees No Deal on Oil Output Freeze
Iran >> 6/11/2016 - Minister of Petroleum Bijan Zangeneh says Iran will continue to ramp up oil production until it returns to levels before sanctions cut its exports. ...
Russia's Gazpromneft to Increase 2016 Output by 5%
Russia >> 6/10/2016 - The head of Gazpromneft, the oil-producing unit of Russian gas giant Gazprom, said the company would increase its 2016 hydro-carbons output by 5 percent to 85-86 million tonnes of oil equivalent. ...
PDVSA and Private Sector Strengthen Strategic Relations
Venezuela >> 6/9/2016 - The People's Minister of Petroleum and Mining and President of Petroleos de Venezuela, S.A. (PDVSA), Eulogio Del Pino, led the working group meeting of the National Council on Productive Economy of th...
Oil and Natural Gas Production in May
Brazil >> 6/8/2016 - Petrobras announces that its total production of oil and natural gas in May was of 2.83 million barrels of oil equivalent per day (boed), 5% higher than the volume produced in April (2.69 million boed...
Cameroon Oil Output up Nearly 20% This Year
Cameroon >> 6/8/2016 - Cameroon's crude oil production rose 19.4 percent between January and April, compared with a year earlier, to 12.3 million barrels, the state oil company SNH said on Wednesday, without giving a reason...
Production Bands are a Compromise between Production Quotas and a Rigid Output Ceiling
Venezuela >> 6/7/2016 - The People’s Minister of Petroleum and Mining and President of Petroleos de Venezuela, .S.A. (PDVSA), Eulogio Del Pino, participated in the 19th Plenary of the National Council on Productive Economy, ...
Ghana Sees First Oil Production at Offshore Sankofa Field
Ghana >> 6/7/2016 - Ghana's National Petroleum Corporation (GNPC) sees first oil production at the offshore Sankofa field being developed by Eni and Vitol in the second half of 2017, and initial gas output early the foll...
Ghana Expects Steady Oil Output as Jubilee Recovers
Ghana >> 6/6/2016 - Ghana's oil output is expected to average 110,000 barrels per day in 2016, similar to last year, as output is ramped up at Tullow Oil's Jubilee Field, a senior government official said. Production at ...
Aminex Provides Update on Kiliwani North-1
Tanzania >> 6/6/2016 - Aminex PLC, is pleased to provide the following update on gas production from its Kiliwani North Development Licence in Tanzania. ...
Three New Wells Brought into Production at Badra field
Iraq >> 6/6/2016 - Three wells, producing a total 24,000 barrels per day, have been commissioned at the Badra field, Iraq, by operator Gazprom Neft. The total number of wells at the Badra field has now reached nine, all...
ENGIE Reports Record-High Gas Production at Gjoa Field
Norway >> 6/6/2016 - ENGIE E&P Norge has increased the gas production on Gjoa by 17.5 per cent. By continually challenging limitations and spotting potential, ENGIE E&P have increased the current gas production from Gjoa ...
Lukoil Introduces Unique Production Enhancement Technology in Perm Region
Russia >> 6/3/2016 - PJSC LUKOIL has introduced in the Perm region a Russian-designed innovative technology to increase production of hydrocarbons in the Kama river area. ...
Natural Gas Production Increased by 6% in April
Brazil >> 6/2/2016 - Total production of oil and natural gas in Brazil in April totaled 2.893 million of barrels of oil equivalent per day (boe / d). Oil production was approximately 2,290 million barrels per day (bbl / d...
ENAP & YPF Start Project that Increased Gas Production in Argentina
Argentina >> 6/2/2016 - ENAP, through its subsidiary Enap Sipetrol Argentina and YPF announced the startup of the Area Magallanes Incremental Project (PIAM), which aims to increase the production of natural gas and crude oil...
Current Production Levels Show a De Facto Production Freeze
Venezuela >> 6/1/2016 - People’s Minister of Petroleum and Mining and President of Petroleos de Venezuela, S.A. (PDVSA), Eulogio Del Pino, arrived in Vienna, where the 169th Meeting of the OPEC Conference will take place. ...
Iran Gas Production Increases by 23bn Cubic Meters
Iran >> 5/30/2016 - An Iranian Petroleum Ministry official says the country’s natural gas output has risen by 23 billion cubic meters over the past year. ...

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