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Production News

Iran Plans to Increase Oil Production Capacity by 700,000 BPD within 4 Years
Iran >> 2/9/2018 - Iran aims to raise its crude output capacity to 4.7 million barrels per day within the next four years, deputy Oil Minister Amir Zamaninia told a conference in Paris. ...
Abu Dhabi's Al Dhafra Petroleum to Produce 40,000 bpd of Oil by 2020
United Arab Emirates >> 2/6/2018 - Al Dhafra Petroleum, a unit of Abu Dhabi National Oil Company (ADNOC), will produce 40,000 barrels of oil per day by 2020 as part of the group’s plans to increase output, ADNOC said. ...
Further Increasing Value of Johan Sverdrup
Norway >> 2/6/2018 - Statoil and partners further increase the value of the Johan Sverdrup field as a result of continued high quality in project execution, good drilling efficiency and further maturation of the resource ...
CNOOC Limited Announces Stampede Field Commences Production
United States >> 2/6/2018 - CNOOC Limited (CNU) announced that the Stampede Field, located in the deepwater Gulf of Mexico, has commenced production. ...
Dutch Gas Producer NAM Halts Production at Loppersum in Groningen Field
Netherlands Antilles >> 2/2/2018 - Dutch gas producer NAM had halted all production at the Loppersum site in the Groningen field following an earthquake in the region last month. ...
Iraq Plans to Boost Majnoon Oilfield Output to 450,000 bpd in Three Years
Iraq >> 2/1/2018 - Iraq plans to increase production at its giant Majnoon oilfield to 450,000 barrels per day (bpd) in three years, from 240,000 bpd now, an Iraqi oil executive said. ...
Lukoil Cumulative Oil Production in Russia Exceeds 2 Billion Tonnes
Russia >> 2/1/2018 - LUKOIL's cumulative production of oil in Russia has exceeded two billion tonnes. The company's Russian projects produced jointly no less than 80 million tonnes of oil annually in the past 14 years. Th...
Egypt's Sisi Inaugurates First Stage of Giant Natural Gas Field
Egypt >> 1/31/2018 - Egypt’s President Abdel-Fattah El-Sisi is set to inaugurate the first stage of super-giant Zohr gas field, bringing the country closer to achieving its goal of self-sufficiency in the supply of liquef...
ADNOC to Cut Murban Supplies by 25 percent in March 2018
United Arab Emirates >> 1/30/2018 - Customers with contracts for the supply of Murban crude oil from the Abu Dhabi National Oil Company, ADNOC, have been advised of a twenty-five per cent cut in allocations for March 2018, ADNOC sources...
ExxonMobil to Triple Permian Production by 2025
United States >> 1/30/2018 - ExxonMobil today announced that it plans to triple total daily production to more than 600,000 oil-equivalent barrels by 2025 from its operations in the Permian Basin in West Texas and New Mexico. Tig...
Kuwait Opens West Al-Rawdatain Station to Produce Light Oil, Jurassic Gas
Kuwait >> 1/29/2018 - Kuwait's Minister of Oil and Minister of Electricity and Water Bakheet Al-Rashidi opened 'West Al-Rawdatain' station - Kuwait Oil Company (KOC) affiliate - for the production of light oil and Jurassic...
Condor Petroleum Announces Commercial Production from Poyraz Ridge Field
Turkey >> 1/25/2018 - Condor Petroleum, a Canadian based oil and gas company focused on production and exploration activities in Turkey and Kazakhstan, has announced that commercial production has commenced at the Company’...
Honeywell UOP Inaugurates New Production Line For Coal-To-Chemicals Catalysts in China
China >> 1/24/2018 - Honeywell (HON) announced the beginning of production in China of proprietary Honeywell UOP catalysts that are used to convert coal into plastics, helping China to meet its growing demand. Honeywell ...
Libya Restarts Wintershall Oil Fields to Boost Nation Output
Libya >> 1/22/2018 - Libya’s state energy producer National Oil Corp. announced the restart of production at Wintershall AG’s Sara oil fields more than two months after they were closed by protests, in the latest sign tha...
Serica Energy Reports Erskine Production Interruption
United Kingdom >> 1/22/2018 - AIM-listed Serica Energy has been informed by the operator of the Erskine field that, during routine pipeline cleaning operations of the Lomond to Everest condensate export pipeline, a blockage occurr...
Drilling & Production and Export Rate for 2017
Azerbaijan >> 1/22/2018 - SOCAR achieved steady oil and natural gas production in 2017 by increasing the volume of drilling operations. During the year SOCAR conducted 138 thousand meters of drilling work raising it by 30.7% ...
NOC Announces the Reopening of Jikharra Oil Fields
Libya >> 1/21/2018 - After pressure from the National Oil Corporation and the Office of Public Prosecutor, the municipality of Jikharra has decided to reopen oil fields in its area shut at the beginning of November 2017. ...
Kuwait Oil Minister Says So Far No Plan to Exit Oil Cuts
Kuwait >> 1/17/2018 - Kuwait’s oil minister Bakhit al-Rashidi said there is no plan or intention so far to exit from a production-cutting agreement among OPEC and non-OPEC oil producers. “The production-reduction agreement...
Eland Provides Opuama-8 and -9 Infill Wells Update
Nigeria >> 1/17/2018 - Eland Oil & Gas PLC, an oil & gas production and development company operating in West Africa with an initial focus on Nigeria, is pleased to announce that its joint-venture subsidiary Elcrest Explora...
Talos Energy Announces Initial Production from Tornado II Well
United States >> 1/16/2018 - Talos Energy LLC (Talos) announced initial production from the Tornado II deep water well (GC 281 #2ST), located in the Phoenix Field of the Green Canyon area of the Gulf of Mexico in approximately 2,...

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