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Production News

Expro Awarded $30m Production Contract in India
India >> 9/20/2016 - International oilfield services company, Expro, has been awarded a contract worth over $30m with the Hindustan Oil Exploration Company (HOEC) for the Dirok gas field in India. ...
New Fields to Boost Algerian Gas Output in 2017
Algeria >> 9/20/2016 - Algeria is on track for more than 9 billion cubic meters a year additional gas output next year when three delayed projects in its south west come online, a source at state energy company Sonatrach sa...
Statfjord Field Passes Historic 5 Billion Barrels
Norway >> 9/19/2016 - On Monday 19 September minister of petroleum and energy Tord Lien together with Statoil, Centrica and ExxonMobil celebrated the 5 billion barrels of oil equivalent delivered by Statfjord since first o...
Indonesia Targets 22% Rise in Crude Output from Cepu Block in 2017
Indonesia >> 9/19/2016 - Crude oil output from Exxon Mobil's Cepu block in Indonesia is targeted to reach 200,000 barrels per day (bpd) in 2017, the head of Indonesia's upstream oil and gas regulator said on Monday, up from a...
Tethys Oil Increases Production in Oman
Oman >> 9/19/2016 - Tethys’ share of the production, before government take, from Blocks 3 and 4 onshore the Sultanate of Oman amounted in August 2016 to 387,174 barrels of oil, corresponding to 12,489 barrels of oil per...
PDVSA Maintains Domestic Oil Production Using its Own Capacity
Venezuela >> 9/19/2016 - In a scenario of low oil prices, which has affected the investment capacity of oil companies worldwide, Petroleos de Venezuela, S.A. has managed to maintain production capacity in operational areas by...
Iran Wins Possibility for Increasing Oil Production, Exports
Iran >> 9/16/2016 - Majlis Research Center says increase in production and export of oil is possible for Iran. Oil condition in Iran is totally different with condition in the past years because this year, sanctions on t...
Bolivia’s Incahuasi Field Brought into Commercial Production
Bolivia >> 9/16/2016 - A ceremonial event marking the start of commercial production from the Incahuasi field took place today in Bolivia near the city of Camiri. ...
Total Looks Beyond Bolivia's Incahuasi to Regional Gas Market
Bolivia >> 9/16/2016 - Oil and gas giant Total could start the second phase of its Incahuasi gas project in Bolivia as early as 2017 if the right market conditions and incentives for investments are in place, the company's ...
Vaalco Continues to Experience Production Problems at Avouma
Gabon >> 9/15/2016 - VAALCO Energy, Inc. provided an operational update relating to its activities in Gabon. As previously disclosed, in late July the primary electrical submersible pump (ESP) failed in the Avouma 2-H wel...
Iran’s Oil Swap Deal with Total Imminent
Iran >> 9/14/2016 - Naftiran Intertrade Company Sàrl (NICO) and France’s Total are about to sign an oil swap deal soon to resume shipments from Caspian Sea countries, an Iranian news agency says. ...
Iran has Right to Raise Oil Output
Iran >> 9/14/2016 - The Algerian energy minister has lent weight to Iran’s bid to regain market share through stepped-up oil production despite objections from Saudi Arabia. ...
KOGPC Output to Reach 1.5mbd
Iran >> 9/14/2016 - According to Head of Technical Affairs Department at Karoun Oil and Gas Producing Company, KOGPC's output will cross 1.5 million barrels per day by the end of the current Iranian calendar year. ...
Increased 2016 Production Guidance
Norway >> 9/14/2016 - Det norske oljeselskap ASA («Det norske») increases its production guidance for 2016 based on stronger than expected production from the Alvheim area. Det norske’s production (excluding effect of the ...
Pura Vida Energy Farming out Nkembe Block Offshore Gabon
Gabon >> 9/13/2016 - Pura Vida Energy NL (Pura Vida or Company) is pleased to announce the accompanying presentation titled “Pathway to near term oil production from the Nkembe block”. The presentation outlines Pura Vida’...
Kerendan & Bualuang Fields Production Restarted After Water Debottling Project
Indonesia >> 9/13/2016 - Commercial production has commenced from the Kerendan field, Indonesia, in line with the schedule Ophir announced on acquiring the asset in March 2015. Production started at 3-5 MMscfd to enable PLN, ...
Eni Reaches Ahead of Time a Record Production from Nooros Field
Eni Reaches Ahead of Time a Record Production from Nooros Field Egypt >> 9/12/2016 - Eni reached a production of 700 million cubic feet of gas per day, corresponding to 128,000 barrels of oil equivalent per day (boed) of which 67,000 net to Eni, from Nooros field, discovered in Egypt ...
CNOOC Starts Production at the Weizhou 6-9/6-10 Project
China >> 9/12/2016 - CNOOC Limited announced that the Weizhou 6-9/6-10 comprehensive adjustment project has commenced production. The Weizhou 6-9/6-10 oilfield is located in Beibu Gulf in the South China Sea with an avera...
Oil and Natural Gas August Production
Brazil >> 9/12/2016 - Petrobras announces that in August its daily oil and natural gas production totaled 2.84 million barrels of oil equivalent (boed), 2.72 million of which produced in Brazil and 0.12 million boed produc...
Exillon Energy Announces August 2016 Production Figures
Russia >> 9/9/2016 - Exillon Energy plc (EXI.LN), a London Premium listed oil producer with assets in two oil-rich regions of Russia, Timan-Pechora ('Exillon TP') and West Siberia ('Exillon WS'), is pleased to announce un...

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