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Production News

Vaalco Energy Provides Gabon Operational Update
Gabon >> 1/25/2017 - VAALCO Energy, Inc. (VAALCO) provided an operational update that reported strong fourth quarter and full year 2016 production results. Production for the fourth quarter of 2016 averaged approximately ...
ICOFC Gas Production Capacity Up by 0.6cm/d
Iran >> 1/25/2017 - Iranian Central Oil Fields Company has raised its natural gas production capacity by 600,000 cubic meters per day by launching Well No. 45 of Tabnak gas field at Parsian Operational Region. ...
Zenith Energy Seeks to Boost Output in Azerbaijan
Azerbaijan >> 1/25/2017 - Zenith Energy Ltd., a Canadian energy company specialized in the oil and gas exploration and production, has announced about launch of a workover programme on its oil and gas assets in Azerbaijan. ...
South Pars Phase 19 Propane & Butane Production Started
Iran >> 1/24/2017 - Propane and Butane production units of Phase 19 of South Pars are operationalized with the aim of the completion of the value chain in the phase. As reported by public relations of Pars Oil and Gas Co...
Samaraneftegaz Increased Oil Production by More than 3% in 2016
Russia >> 1/24/2017 - Samaraneftegaz, Rosneft subsidiary, has boosted oil production to 12.2 mmt according to the results of 2016, which is 3.3% more than the previous year. ...
Exillon Energy Provides December Production Report
Russia >> 1/24/2017 - 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 ...
Libya’s Oil Output Is at Three-Year High and Rising
Libya >> 1/24/2017 - Libya is pumping 715,000 barrels a day of oil, the most since 2014, and is on track to keep boosting output this year as the country restores much of the production lost amid political chaos and confl...
Touchstone Provides Operational & Corporate Update
Trinidad and Tobago >> 1/23/2017 - Touchstone Exploration Inc. (Touchstone) (TXP) is pleased to provide the following operational and corporate update. ...
Gazprom Neft Commissions Two New Production Wells at its Prirazlomnoye Field
Russia >> 1/21/2017 - Gazprom Neft subsidiary Gazpromneft-Shelf has commissioned two new production wells at its Prirazlomnoye field, bringing the total number of wells currently in operation at the Prirazlomnaya platform ...
Saudi Aramco to Boost Gas Production at Hawiyah, Haradh
Saudi Arabia >> 1/20/2017 - Saudi Aramco plans to boost gas production at its Hawiyah and Haradh plants to meet growing domestic energy needs, industry sources said. ...
Alexey Miller Briefs Vladimir Putin on Gazprom’s Performance in 2016
Russia >> 1/20/2017 - A working meeting took place today between Vladimir Putin, President of the Russian Federation, and Alexey Miller, Chairman of the Gazprom Management Committee. ...
New Production Capacities at Bovanenkovskoye Field Enter Operation
Russia >> 1/18/2017 - The ceremonial inauguration of new production capacities and the Bovanenkovo – Ukhta 2 gas trunkline took place today at the Bovanenkovskoye field. The event was attended by Alexey Miller, Chairman of...
Oil Prices Fall on Strong Dollar, US Output Rise Expectations
United States >> 1/18/2017 - Oil prices fell to their lowest in a week, on a strong dollar and expectations that U.S. producers would boost output even as OPEC's output fell from a record high. U.S. shale production is set to sna...
Saudi Aramco to Continue Building Oil, Gas Capacity to Meet Demand
Saudi Arabia >> 1/17/2017 - Saudi Aramco Chief Executive Amin Nasser said the state oil giant was working on building its oil and gas production capacity to meet future demand growth. ...
Norway Sees Decrease in December Production
Norway >> 1/17/2017 - Preliminary production figures for December 2016 show an average daily production of 2 094 000 barrels of oil, NGL and condensate, which is a decrease of 60 000 barrels per day (approx. 3 percent) com...
CNOOC Commences Production at the Enping 23-1 Oil Fields
China >> 1/17/2017 - CNOOC Limited has announced that the Enping 23-1 oil fields have commenced production.The Enping 23-1 oil fields are located in the Pearl River Mouth Basin of the South China Sea with an average water...
Aker BP Sees Production Growth in 2007
Norway >> 1/16/2017 - Aker BP ASA (AKER BP) increases reserves and maintains very good results in exploration, drilling and wells, projects and production. The company has a strong cash flow outlook and its robust balance ...
ADNOC Shuts Half Capacity at Ruwais Refinery after Fire
United Arab Emirates >> 1/16/2017 - Abu Dhabi National Oil Company (ADNOC) has shut half the capacity at its 800,000 barrels-per-day Ruwais refinery after a fire there last week, three industry sources familiar with the matter said. ...
Rospan Increased Gas Production by 46% & Gas Condensate Production by 48%
Russia >> 1/16/2017 - In 2016, Rospan International, Rosneft subsidiary, increased gas production by 46 % YoY t? reach 6.2 bcm. Gas condensate production increased by more than 48% YoY, to over 1.2 mmt. The production grow...
Lorestan Petchem Plant Operational
Iran >> 1/16/2017 - Lorestan Petrochemical Plant has come on-stream with 90% of its nameplate production capacity, the facility's CEO said. Mohammad Hossein Maghazehei said the plant has produced 137,000 tons of petroche...

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