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Production News

General Agreement among Oil Producers to Extend Output Cuts Deal
Kuwait >> 11/29/2017 - Kuwait Oil Minister Essam Al-Marzouq said Tuesday a ministerial market monitoring committee would examine oil output levels for October and producers' commitment to production cuts, then refer recomme...
Iraq Aims to up Rumaila Oilfield Output to 1.5 mln bpd in 2018
Iraq >> 11/29/2017 - Iraq is planning to increase production from the giant Rumaila oilfield to about 1.5 million barrels per day (bpd) in 2018, the head of Rumaila operations said. Rumaila oilfield, developed by Britain’...
Exxon Nears Deal to Explore for Oil & Gas Offshore Mauritania
Mauritania >> 11/29/2017 - Exxon Mobil is close to signing a deal to explore for oil and gas offshore Mauritania, its first foray into the West African country, Mauritania’s oil, energy and mines director said on Wednesday. ...
Weizhou 12-2 Oil Field Phase II Project Commences Production
China >> 11/28/2017 - CNOOC Limited (CNU) announced the Weizhou 12-2 oil field phase II project has already commenced production. The Weizhou 12-2 oil field phase II project is located in Beibu Gulf in the South China Sea ...
Brazil’s Giant Libra Field Comes On Stream
Brazil >> 11/27/2017 - Total announces first oil from the Libra mega-field, located in ultra-deep waters 180 kilometers offshore Rio de Janeiro, in the pre-salt Santos Basin in Brazil. The floating production, storage and o...
Cabot Energy Announces Production and Operational Update
Canada >> 11/24/2017 - AIM-listed Cabot Energy, the AIM quoted oil and gas company focused on production led growth balanced with high impact exploration and appraisal opportunities, has provided an update on the Company's ...
Highest Waitsia Flow Rate to Date - 90 MMscf/d at Waitsia-4
Australia >> 11/22/2017 - AWE Limited (AWE), the Operator of Production Licences L1/L2 in the onshore Perth Basin, Western Australia, has commenced flow testing the Waitsia-4 well which will complete the appraisal program on t...
Rock-splitting Technique Supports Strategy to Produce Four mln bpd
Kuwait >> 11/22/2017 - Rock-splitting technologies are a reliable method that could help bring Kuwait Petroleum Corporation's plan to produce four million barrels of oil per day (bpd) to fruition, an official at Kuwait Oil ...
First Oil Production from Western Isles Development Project
United Kingdom >> 11/22/2017 - Japan Oil, Gas and Metals National Corporation (JOGMEC) announced today that CIECO Exploration and Production (UK) Limited (hereinafter "CIECO UK"), a wholly owned subsidiary of ITOCHU Corporation (IT...
Rosneft Commissions New Oil and Gas Production Cluster in Western Siberia
Russia >> 11/21/2017 - Rosneft started delivery of the first commercial crude oil from newErginsky cluster to Transneft pipeline system. The Erginsky startup complex commissioning ceremony was attended by the the Prime Mini...
Angus Commences Production from Lidsey-X2
United Kingdom >> 11/17/2017 - Angus Energy Plc, a conventional oil and gas production and development company, has commenced production at Lidsey Oil Field from the well, Lidsey-X2. Following the drilling and completion of the Lid...
Pinedale Energy Updates on Production Flow Test from a Horizontal Well
United States >> 11/17/2017 - Pinedale Energy Limited (Pinedale) (MCF), is pleased to provide an update on 2017 development and exploration activities occurring at the Company's non-operated working interest properties situated in...
Debt Crisis Undercutting Venezuelan Production
Venezuela >> 11/17/2017 - Rystad Energy analysis shows that the Venezuelan debt crisis has caused structural changes in the country’s oil and gas sector which significantly undercut its capability to produce oil. As production...
President Energy Announces Operational update at Puesto Flores
Argentina >> 11/16/2017 - President Energy (AIM: PPC), the upstream oil and gas company with a diverse portfolio of production and exploration assets focused primarily in Argentina, provides an update on its operations at its...
NPD Grants Consent for Start-up of Production from Wintershall's Maria Field
Norway >> 11/16/2017 - The Norwegian Petroleum Directorate has granted consent for start-up of production from the Maria field in the Norwegian Sea. The development will come on stream almost one year ahead of the original ...
October Production Repor of Exillon WS
Russia >> 11/15/2017 - Exillon Energy plc ("Exillon Energy", the "Company" or the "Group") (EXI.LN), a London Premium listed oil producer with assets in two oil-rich regions of Russia, Timan-Pechora ("Exillon TP") and West ...
Upper Zakum Field Production Capacity to Increase to 1M Barrels Per Day
United Arab Emirates >> 11/14/2017 - Abu Dhabi National Oil Company (ADNOC), ExxonMobil Abu Dhabi Offshore Petroleum Company Limited and Japan’s INPEX Corporation (INPEX), announced, on the side lines of the Abu Dhabi International Petro...
SP Gas Output Hit 85b Cubic Metres in H1
Iran >> 11/14/2017 - Iran has produced 85.4 billion cubic meters of rich sour gas from its South Pars Gas Field during the first six months of this year, said operation and support deputy at Pars Oil and Gas Company (POGC...
Oil and Natural Gas Production in October
Brazil >> 11/14/2017 - Petrobras reports that its total oil and natural gas production in October was 2.77 million barrels of oil equivalent per day (boed), with 2.67 million boed produced in Brazil and 104 thousand boed pr...
Iraq Aims to Increase Kirkuk Oilfield Output to 1 million bpd
Iraq >> 11/13/2017 - Oil Minister Jabar al-Luaibi said Iraq plans to increase production from oilfields in Kirkuk to one million barrels per day and has visited the Bai Hasan and Avana fields to order work be accelerated ...

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