Production News

February Production Report
Russia >> 3/14/2017 - Exillon Energy plc (EXI), a London Premium listed oil producer with assets in two oil-rich regions of Russia, Timan-Pechora ("Exillon TP") and West Siberia ("Exillon WS"), is pleased to announce unaud...
Kazakhstan's Oil Output In Feb Exceeds Level Agreed With OPEC
Kazakhstan >> 3/13/2017 - Kazakhstan's oil production in February exceeded its agreed limit under an OPEC-led deal to cut output and support prices, official Kazakh data showed on Monday. The central Asian country's output of ...
KOGPC Meets 99% Production Target
Iran >> 3/13/2017 - KOGPC managed to reach its full production target by the end of the second half of the current Iranian calendar year, announced Managing Director of Karoun Oil & Gas Producing Company. ...
Buru Energy Restarts Ungani Oil Field Production
Australia >> 3/10/2017 - Buru Energy has completed a restart plan for the Ungani oil field, located in the onshore Canning Superbasin, Australia. Production from the field will be trucked to Wyndham, stored in CGL’s 80,000 ba...
President Energy Provides Operations Update in Argentina
Argentina >> 3/10/2017 - President Energy (PPC), the oil and gas exploration company, provides the following update on its Argentina operations. ...
Ascent to Commence Production from Pg-10 in Petisovci Project
Slovenia >> 3/10/2017 - The Board of Ascent Resources plc, the European focused oil & gas exploration and production company is pleased to announce that gas production from Pg-10 is expected to commence to a local corporate ...
Gazprom Neft Commissions Three New Wells at Badra Field in Iraq
Iraq >> 3/9/2017 - Gazprom Neft Badra — a subsidiary of Gazprom Neft — has commissioned three new production wells (BD-2, P-14 and P-10) at the Badra field in Iraq. Total production across all three wells is running at ...
Chevron Starts Production at Mafumeira Sul Offshore Angola
Angola >> 3/8/2017 - Chevron Corporation announced that its subsidiary, Cabinda Gulf Oil Company (CABGOC) Limited, has commenced oil and gas production from the main production facility of the Mafumeira Sul project offsho...
Iran to start Crude Oil Production from South Pars Oil Layer
Iran >> 3/7/2017 - Iran says it will start production of 35,000 barrels/day of crude oil from the oil layer of the supergiant South Pars Gas Field. ...
SP 17, 18 Ready for Startup
Iran >> 3/7/2017 - Iran is ready to officially launch South Pars 17 and 18 projects, the managing director of Industrial Projects Management of Iran Company said. ...
Senate Reversal of BLM 2.0 Rule Strengthens Regulatory Certainty
United States >> 3/7/2017 - API Upstream and Industry Operations Group Director Erik Milito applauded the Senate vote to disapprove the Bureau of Land Management’s (BLM) final Planning 2.0 rule for developing domestic oil and na...
Floating LNG Production Bows Out As US Exports Roil Market
Singapore >> 3/6/2017 - Once considered the future of gas production, floating liquefied natural gas (FLNG) projects have been firmly relegated to the backburner as global gas producers seek cheaper ways to compete with a su...
Azerbaijan Cuts Oil Output to 776,400 Bpd in Feb 2017
Azerbaijan >> 3/6/2017 - Azerbaijan cut oil production to 776,400 barrels per day (bpd) in February, sticking to its pledge to reduce output as part of a global deal, Energy Ministry said on Monday. ...
Shell Nigeria Shuts Bonga Field for at Least a Month
Nigeria >> 3/6/2017 - Shell Nigeria Exploration and Production Company (SNEPCo) halted production at Nigeria's Bonga oil field on March 4 for maintenance that will last at least a month. SNEPCo said in a statement that Bon...
Angus to Put Kimmeridge into Production at the Brockham Oil Fiel
United Kingdom >> 3/3/2017 - Angus Energy has announced that, following the extensive analysis of the BR-X4Z sidetrack well, the Company's intention is to bring the Kimmeridge into production at its existing Brockham production f...
Gazprom Sees Cheap Gas Keeping European Buyers Hooked for Years
Russia >> 2/28/2017 - Russia will keep Europe hooked on its natural gas for years to come, using its huge reserves and lower production costs in Siberia to maintain attractive prices, according to state-run Gazprom PJSC. ...
Yurubcheno-Tokhomskoye Field to Produce 0.8 million Tonnes of Oil in 2017
Russia >> 2/28/2017 - Oil production at the Yurubcheno-Tokhomskoye oil field, which is expected to be launched later this year by Russia's largest oil producer Rosneft, is expected to produce 800,000 tonnes of oil in 2017,...
Gabon Oil Workers to Persist with Strike as Some Output Resumes
Gabon >> 2/25/2017 - Some oil production from fields in Gabon resumed on Friday despite a continuing strike by workers, although output remained severely constrained. Gabon's government sent soldiers to retake control cen...
Algeria's Hassi Messaoud Field Caps Output in Line with OPEC Agreement
Algeria >> 2/24/2017 - Algeria's biggest oilfield Hassi Messaoud is currently capping production at 430,000 barrels per day to keep it in line with OPEC's agreement to cut output, a Sonatrach official said late on Thursday....
Kuwait to Raise Oil Output Capacity to 4.75 mln bpd by 2040
Kuwait >> 2/21/2017 - OPEC-member Kuwait plans to raise its oil production capacity to 4.75 million barrels per day (bpd) by 2040 as part of a strategy to expand its downstream investments, Kuwait state news agency reporte...

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