Production News

Iran Among Onshore Heavy Oil Producers
Iran >> 4/5/2012 - Managing director of the Iranian Central Oil Fields Company referred to the permanent heavy oil production by 6000 bpd at East Paydar oilfield and said at present Iran is among those OPEC members that...
South Pars Gas Output Hit 86 bcm
Iran >> 4/4/2012 - Gas production from South Pars gas field hit 86 billion cubic meters worth 40 billion dollars during the last Iranian calendar year. ...
Calvalley Provides Operations Update in Yemen
Yemen >> 4/3/2012 - Calvalley Petroleum Inc. provides the following operations update: Optimization projects at the Hiswah field have increased crude oil production resulting in gross production volumes for the last five...
Saudi to Maintain Oil Supply if U.S. Draws Stocks
Saudi Arabia >> 4/3/2012 - Saudi Arabia is likely to maintain high oil production in the event consumer countries release emergency stocks, but it will not seek to lure buyers for more oil by discounting its crude, industry sou...
Gas Consumption is Forecasted to Jump 36.6% in Oman
Oman >> 4/2/2012 - Gas consumption by the country’s expanding network of electricity generation and water desalination plants is forecasted to jump a hefty 36.6 per cent over the next seven years, according to the Oman ...
Oil Exports from the Kurdistan Region Halted
Oil Exports from the Kurdistan Region Halted Iraq >> 4/1/2012 - The export of oil from the Kurdistan Region of Iraq has been stopped from because the federal government in Baghdad has not honoured its payment commitments, the Ministry of Natural Resources (MNR) sa...
MENA Commences First Production from Lagia Field
Egypt >> 3/30/2012 - MENA Hydrocarbons Inc is pleased to announce the results of its Lagia 6 re-entry, the first of 2 re-entries in its six well, first phase development program on its 100% owned Lagia Development Lease ...
Japan AOC Hard to Start Egypt Oil Block Output in May
Egypt >> 3/29/2012 - Japan's AOC Holdings said it will be difficult to achieve its goal of starting production in May from the offshore Northwest October block in the northern Gulf of Suez due to the nation's political si...
Hard to Start Egypt Oil Block Output in May 2012
Egypt >> 3/29/2012 - Japan's AOC Holdings said it will be difficult to achieve its goal of starting production in May from the offshore Northwest October block in the northern Gulf of Suez due to the nation's political si...
OGX Delivers First Shipment of Waimea Oil to Shell
Brazil >> 3/28/2012 - OGX, the Brazilian oil and gas company responsible for the largest private-sector exploratory campaign in Brazil, thas delivered its first shipment of approximately 600,000 barrels of oil to Shell Wes...
Saudi Arabia Donates Another Oil Shipment to Yemen
Yemen >> 3/27/2012 - The custodian of the two holy mosques King Abdullah Abdul-ziz donated another oil shipment to Yemen enough for two months, the official Saba news agency reported. The revelation came after a meeting w...
Afren Provides 2011 Full Year Results for Ivory Coast
Ivory Coast (Cote D'Ivoire) >> 3/27/2012 - The Board of Afren plc announces results for the year ended 31 December 2011. In 2011, we achieved the major milestone of first oil on the Ebok field development and progressed our Nigerian growth str...
Production Commences at Well A-13
Russia >> 3/27/2012 - Matra, the independent oil and gas exploration and production Company with operations in Russia, is pleased to announce that production commenced on Monday 26th March at Well A-13 on its 100% owned So...
Apache's Success Point to Continued Production Growth
Egypt >> 3/26/2012 - Apache Corporation reported that approval of seven new development leases in the Faghur Basin has enabled the company to add 5,200 barrels per day of new production in Egypt's Western Desert. ...
Sudan and South Sudan Armies Clash in Oil War
Sudan and South Sudan Armies Clash in Oil War Sudan >> 3/26/2012 - Clashes erupted between Sudan and South Sudan's armed forces, both sides said, prompting Sudan's president to suspend a planned meeting on resolving the countries' bitter disputes over oil and border ...
Total Cuts Production Forecast at Kharyaga Project
Total Cuts Production Forecast at Kharyaga Project Russia >> 3/26/2012 - French major Total has slashed the oil production outlook at its Kharyaga project in northern Russia citing a revision of its reserves, a company official said on Monday. ...
KGOC to Produce 350,000 Barrels a Day in 3 Yrs
Kuwait >> 3/25/2012 - Kuwait Gulf Oil Company (KGOC) is expected to produce 350,000 barrels a day within three years from its current output of 245,000, the company's Chairman and Managing Director Hashim Al-Rifaee said. ...
1391, Year of National Production, Supporting Iranian Capital
Iran >> 3/24/2012 - According to a report by the office of the Supreme Leader, the Ayatollah lauded the countrys great accomplishments during the previous year, saying that the past year was eventful for the world, the r...
MENA Starts Operations in Lagia Oil Field
MENA Starts Operations in Lagia Oil Field Egypt >> 3/22/2012 - MENA Hydrocarbons Inc is pleased to announce an operations update for Lagia oil field development in Egypt. Creation of Joint Venture Company, PetroSinai. ...
BP in Talks to Pump at Iraq Kirkuk Oil Field
BP in Talks to Pump at Iraq Kirkuk Oil Field Iraq >> 3/22/2012 - BP Plc (BP) is in talks aimed at boosting production at Iraq’s Kirkuk oil field, an Iraqi official said, as the country’s crude exports reached a three- month high of 2.2 million barrels a day. BP is ...

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