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Production News

One Billion Barrels from Troll B
Norway >> 12/20/2016 - Troll B has produced one billion barrels of oil equivalent since it came on stream on 19 September 1995. Troll B and C combined have been the largest oil producer on the Norwegian continental shelf fo...
Petrobras Starts Oil and Gas Production in Lapa Field
Brazil >> 12/20/2016 - Brazil's state-run oil company Petroleo Brasileiro SA has started to pump oil and natural gas from the subsalt field of Lapa, in the Santos basin, the company said in a securities filing. ...
Gran Tierra Energy Announces 2017 Guidance
Colombia >> 12/19/2016 - Gran Tierra Energy Inc. (GTE), a company focused on oil and gas exploration and production in Colombia, is pleased to announce its 2017 capital budget and production guidance. ...
MOGPC Raises Output 16%
Iran >> 12/18/2016 - According to Jahangir Pourhang - CEO of MOGPC, total output from Maroun Oil & Gas Producing Company reservoirs has increased by 16%. ...
Russia's Novak Says All Oil Firms To Cut Output Under OPEC Deal
Russia >> 12/16/2016 - All Russian oil companies, including champion producer Rosneft, have agreed to cut crude output under Moscow's agreements with OPEC, Russian Energy Minister Alexander Novak said on Friday. Asked if...
Nigeria Flags Oil Output Rise Ahead Of Debt Deal with Majors
Nigeria >> 12/15/2016 - Nigeria's oil production has risen to close to 1.8 million barrels per day (bpd), oil minister Emmanuel Ibe Kachikwu said ahead of the expected signing of a deal over repayments of $5.1 billion in deb...
Petrofac Halting Tunisia Gas Output Again due to Protests
Tunisia >> 12/14/2016 - Oil and gas industry contractor Petrofac is halting gas production in Tunisia after two weeks of renewed protests on the southern Kerkennah islands, officials said. ...
Shell Starts Oil Production from Malikai Platform
Malaysia >> 12/14/2016 - Shell has started oil production from the Malikai Tension-Leg Platform (TLP), located 100-kilometres off the coast of the Malaysian state of Sabah. Located in waters up to 500-metres deep, Malikai is ...
Aghajari Meets Full Production Target
Iran >> 12/14/2016 - Managing Director of Aghajari Oil & Gas Producing Company announced that in the current Iranian calendar year a full production target has fulfilled. ...
INPEX to Enter Production Phase at Zapadno-Yaraktinsky Block
Russia >> 12/14/2016 - INPEX CORPORATION (INPEX) announced that it will enter the production phase at the Ichyodinskoye Oil Field located within the Zapadno-Yaraktinsky Block (ZY block) in Irkutsk Oblast in the Russian Fede...
Petrobras Reached a Production of 1B Barrels in the Pre-Salt
Brazil >> 12/14/2016 - Petrobras , with their partners, celebrate a historic brand: a total of 1 billion barrels of oil produced in the pre-salt. This accumulated production occurs only six years after the entry of the firs...
Husky Energy To Grow Margins & Invest In Higher Return Production
Canada >> 12/13/2016 - Husky Energy (HSE) announced today its 2017 production guidance and capital program. ...
Malaysia's Petronas To Adjust Output After Oil Cut Deal
Malaysia >> 12/13/2016 - Malaysian state-owned oil firm Petroliam Nasional Bhd said on Tuesday it would adjust crude oil production in line with an agreement between OPEC and non-OPEC producers to reduce global supply. ...
Production of New-Generation Catalysts Starts at Omsk Refinery
Russia >> 12/13/2016 - Gazprom Neft has begun production of its new “Vanguard-series” catalytic-cracking catalysts at its Omsk Refinery.* The development of innovative technologies in catalyst production is being undertaken...
Startup Of Malikai Oil Field To Boost Malaysia's Kimanis Exports
Malaysia >> 12/13/2016 - Malaysia is expected to start oil production at the end of December at a deepwater field that could lift February export volumes of key grade Kimanis by 25 percent from January, two sources with knowl...
Occidental Oilfield Restart After Attacks in Colombia
Colombia >> 12/12/2016 - Occidental Petroleum Corp has restarted crude production at Colombia's Cano Limon oilfield and its pipeline is pumping again after a series of rebel attacks shut output and transport for several weeks...
Phase 19 Gas Extraction from South Pars Field Reach 42 mcm
Iran >> 12/12/2016 - The managing executer of phase 19 of South Pars reported of the increase in the phase gas production and stated that with the operationalization of 19A platform, the daily gas extraction of the phase ...
Iran Petchem Export to Reach 20 Mln Tons
Iran >> 12/11/2016 - Iran’s petrochemical export is scheduled to reach 20 million tons worth of 9 billion dollars till the end of this Iranian calendar year(started March 20, 2016), senior NPC official said on Saturday. ...
Agreement Between OPEC and Non OPEC Countries
Venezuela >> 12/10/2016 - Countries outside of the Organization of the Petroleum Exporting Countries (OPEC), committed to reduce their production by 558,000 barrels per day, at a meeting of OPEC and non OPEC producing countrie...
Kazakhstan Says May offer to Reeze its Output at Vienna Talks
Kazakhstan >> 12/9/2016 - Kazakhstan may offer to freeze its oil output at last month's level at the talks between OPEC and non-OPEC producers in Vienna, Kazakh Energy Minister Kanat Bozumbayev said on Friday. ...

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