Production News

Service Providers to Promote Innovative Oilfield Solutions at CEIF 2025
Congo >> 2/20/2025 - Service and technology providers are playing a growing role in Africa’s oil and gas industry, delivering cutting-edge solutions that improve efficiency, foster innovation and support sustainability ac...
Ecopetrol replaced 104% of its production, doubling the 2023 incorporation of proven reserves.
Colombia >> 2/20/2025 -  The incorporation of proven reserves for the Ecopetrol Group was 260 MBOE1, 2.2 times compared to 2023
Proven reserves amounted to 1,893 MBOE. The 2024 total production was replaced with an a...
Cenovus Announces Fourth-Quarter and Full-Year 2024 Results
Canada >> 2/20/2025 - Cenovus Energy Inc. announced its fourth-quarter and full-year 2024 financial and operating results. In the quarter, the company generated over $2.0 billion in cash from operating activities, $1.6 bil...
CNOOC Limited Brings On-stream Luda 5-2 North Oilfield Phase II Development Project
China >> 2/20/2025 - CNOOC Limited (the "Company", SEHK: 00883 (HKD Counter) and 80883 (RMB Counter), SSE: 600938) today announces that Luda 5-2 North Oilfield Phase II Development Project has commenced production.
...
Production figures January 2025
Norway >> 2/20/2025 - Preliminary production figures for January 2025 show an average daily production of 1 990 000 barrels of oil, NGL and condensate.

Total gas sales were 10.7 billion Sm3 (GSm3), which is 0.5 ...
Saturn Oil & Gas Inc. Provides Operations Update Highlighted by Q4 2024 Production
Canada >> 2/19/2025 - Estimated Q4/24 volumes above 41,000 boe/d(1) represents a new corporate record for Saturn
Efficient capital program, continued type curve outperformance and production optimization drove volumes...
Whitecap Resources Achieves Record Production and Strong 2024 Financial Results
Canada >> 2/19/2025 - Whitecap Resources Inc. ("Whitecap" or the "Company") is pleased to report its operating and audited financial results for the three months and year ended December 31, 2024.

Selected financ...
Magnolia Oil & Gas Corporation Announces 2024 Fourth Quarter and Year End Results
United States >> 2/18/2025 - Magnolia Oil & Gas Corporation (“Magnolia,” “we,” “our,” or the “Company”) (NYSE: MGY) today announced its financial and operational results for the fourth quarter and full year 2024.

Fourt...
Central Azeri Celebrates 20 Years of Production
Azerbaijan >> 2/18/2025 -  Marks the 20th anniversary of the first oil production from the Central Azeri platform, the second oldest platform on the Azeri-Chirag-Deepwater Gunashli (ACG) field, following Chirag.

On...
Pilot gas production for Cabora Bassa advances with Environmental & Social Assessment approval
Zimbabwe >> 2/17/2025 - HIGHLIGHTS
• Environmental Management Agency (EMA) approves Environmental Social Impact Assessment (ESIA) for pilot production activities at Cabora Bassa Project
• ESIA covers gas extractio...
CNOOC Limited Announces Buzios7 Project Commences Production
China >> 2/16/2025 - CNOOC Limited (the "Company", SEHK: 00883 (HKD Counter) and 80883 (RMB Counter), SSE: 600938) announces that Buzios7 Project has commenced production safely.

Buzios oilfield is located in...
bp Announces Start of Production from Raven Second Development Phase, Offshore Egypt
bp Announces Start of Production from Raven Second Development Phase, Offshore Egypt Egypt >> 2/16/2025 - bp has announced the start of production from the second development phase of the Raven field, offshore Egypt, which involves the subsea tieback of additional Raven infill wells to its existing onshor...
BÚZIOS 7/FPSO Almirante Tamandaré Begins Production in the Pre-salt
Brazil >> 2/15/2025 - Petrobras informs that the FPSO Almirante Tamandaré (Búzios 7) has started production today, 02/15, in the Búzios field, located in the pre-salt layer of the Santos Basin. This is the first high-capac...
Imperatus Energy CEO Unpacks Downstream Strategy for Congo
Congo >> 2/14/2025 - As the Republic of Congo strives to reach a crude oil production target of 500,000 barrels per day, it is also making significant strides in advancing its downstream sector. Energy trading companies, ...
AXP Energy Announces Oil Production Update
United States >> 2/13/2025 - AXP Energy Limited (ASX:AXP)(OTC PINK:AUNXF), (‘AXP', ‘Company') is pleased to provide an update on the growth in oil production at the Company's 100%-owned Pathfinder oil & gas field located in Color...
Criterium Energy Outlines 2025 Capital Plans
Canada >> 2/13/2025 - - Fully funded SE-MGH gas development expected to add ~1,000 boe/d in production where historical long-term take-or-pay contracts have ranged between $4-7/MMbtu

- 2025 oil production of 1,0...
Service Companies at the Heart of Congo’s Energy Transformation
Congo >> 2/13/2025 - The Republic of Congo's Minister of Hydrocarbons, Bruno Jean-Richard Itoua recently launched a registration campaign targeting subcontracting and service companies in the oil and gas sector. Released ...
Santos Announces Production from the Halyard-2 Infill Well
Australia >> 2/13/2025 - Santos, one of Western Australia’s largest domestic gas suppliers, today announced that first production from the Halyard-2 infill well has commenced.

The well is online six weeks ahead of ...
Cuba Block 9: Operations Update
Cuba >> 2/13/2025 - Highlights
• Workover of Unit 1B completion in Alameda-2 to commence by 17 February, Cuba time.
• Post-workover, Alameda-2 will be on production to build inventory for first cargo.
• Ci...
EnQuest Provides Full year 2024 operations update and 2025 guidance
United Kingdom >> 2/12/2025 - EnQuest Chief Executive, Amjad Bseisu, commented:
“EnQuest is successfully delivering its strategy to grow its international footprint, with successive transactions in South East Asia providing ...

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