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Production News

Ascent to Commence Production from Pg-10 in Petisovci Project
Slovenia >> 3/10/2017 - The Board of Ascent Resources plc, the European focused oil & gas exploration and production company is pleased to announce that gas production from Pg-10 is expected to commence to a local corporate ...
Gazprom Neft Commissions Three New Wells at Badra Field in Iraq
Iraq >> 3/9/2017 - Gazprom Neft Badra — a subsidiary of Gazprom Neft — has commissioned three new production wells (BD-2, P-14 and P-10) at the Badra field in Iraq. Total production across all three wells is running at ...
Chevron Starts Production at Mafumeira Sul Offshore Angola
Angola >> 3/8/2017 - Chevron Corporation announced that its subsidiary, Cabinda Gulf Oil Company (CABGOC) Limited, has commenced oil and gas production from the main production facility of the Mafumeira Sul project offsho...
Iran to start Crude Oil Production from South Pars Oil Layer
Iran >> 3/7/2017 - Iran says it will start production of 35,000 barrels/day of crude oil from the oil layer of the supergiant South Pars Gas Field. ...
SP 17, 18 Ready for Startup
Iran >> 3/7/2017 - Iran is ready to officially launch South Pars 17 and 18 projects, the managing director of Industrial Projects Management of Iran Company said. ...
Senate Reversal of BLM 2.0 Rule Strengthens Regulatory Certainty
United States >> 3/7/2017 - API Upstream and Industry Operations Group Director Erik Milito applauded the Senate vote to disapprove the Bureau of Land Management’s (BLM) final Planning 2.0 rule for developing domestic oil and na...
Floating LNG Production Bows Out As US Exports Roil Market
Singapore >> 3/6/2017 - Once considered the future of gas production, floating liquefied natural gas (FLNG) projects have been firmly relegated to the backburner as global gas producers seek cheaper ways to compete with a su...
Shell Nigeria Shuts Bonga Field for at Least a Month
Nigeria >> 3/6/2017 - Shell Nigeria Exploration and Production Company (SNEPCo) halted production at Nigeria's Bonga oil field on March 4 for maintenance that will last at least a month. SNEPCo said in a statement that Bon...
Azerbaijan Cuts Oil Output to 776,400 Bpd in Feb 2017
Azerbaijan >> 3/6/2017 - Azerbaijan cut oil production to 776,400 barrels per day (bpd) in February, sticking to its pledge to reduce output as part of a global deal, Energy Ministry said on Monday. ...
Angus to Put Kimmeridge into Production at the Brockham Oil Fiel
United Kingdom >> 3/3/2017 - Angus Energy has announced that, following the extensive analysis of the BR-X4Z sidetrack well, the Company's intention is to bring the Kimmeridge into production at its existing Brockham production f...
Gazprom Sees Cheap Gas Keeping European Buyers Hooked for Years
Russia >> 2/28/2017 - Russia will keep Europe hooked on its natural gas for years to come, using its huge reserves and lower production costs in Siberia to maintain attractive prices, according to state-run Gazprom PJSC. ...
Yurubcheno-Tokhomskoye Field to Produce 0.8 million Tonnes of Oil in 2017
Russia >> 2/28/2017 - Oil production at the Yurubcheno-Tokhomskoye oil field, which is expected to be launched later this year by Russia's largest oil producer Rosneft, is expected to produce 800,000 tonnes of oil in 2017,...
Gabon Oil Workers to Persist with Strike as Some Output Resumes
Gabon >> 2/25/2017 - Some oil production from fields in Gabon resumed on Friday despite a continuing strike by workers, although output remained severely constrained. Gabon's government sent soldiers to retake control cen...
Algeria's Hassi Messaoud Field Caps Output in Line with OPEC Agreement
Algeria >> 2/24/2017 - Algeria's biggest oilfield Hassi Messaoud is currently capping production at 430,000 barrels per day to keep it in line with OPEC's agreement to cut output, a Sonatrach official said late on Thursday....
Kuwait to Raise Oil Output Capacity to 4.75 mln bpd by 2040
Kuwait >> 2/21/2017 - OPEC-member Kuwait plans to raise its oil production capacity to 4.75 million barrels per day (bpd) by 2040 as part of a strategy to expand its downstream investments, Kuwait state news agency reporte...
Taas-Yuryakh Neftegazodobycha Increased Production by 18.9% in 2016
Russia >> 2/21/2017 - Taas-Yuryakh Neftegazodobycha increased oil production by 18.9% in 2016 compared to the same period in 2015, the production volume ammounted to 1.1mmt. ...
VAALCO Energy Announces Year-End 2016 Reserves
Gabon >> 2/21/2017 - VAALCO Energy, Inc. (VAALCO) announced year-end 2016 proved reserves of 2.6 million barrels of oil equivalent (MMBOE) and reserves replacement of 87% of 2016 production in Gabon, based on its reserves...
Norway Sees Decrease in January Oil Production
Norway >> 2/21/2017 - Preliminary production figures for January 2017 show an average daily production of about 2 024 000 barrels of oil, NGL and condensate. This is 42 000 barrels per day (about 2 percent) less than Decem...
Eland Oil & Gas Provides Update on Nigeria Operations
Nigeria >> 2/21/2017 - Eland Oil & Gas PLC, an oil & gas development and exploration company operating in West Africa with an initial focus on Nigeria, is pleased to announce that since the last announcement made by the Com...
East Messoyakha Field Produces the First Million Tons of Oil
Russia >> 2/20/2017 - Messoyakhaneftegaz, a joint venture of Gazprom Neft and Rosneft, produced its millionth ton of oil. This rate was achieved in less than 5 months since the beginning of production at the most northern ...

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