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Production News

NISOC Nearly Fulfills Production Duty in Q1
Iran >> 6/29/2016 - Managing director of National Iranian South Oil Company (NISOC) said the company has fulfilled 99% of its duties regarding production of crude oil in the first quarter of the current Iranian calendar ...
Capacity at Gazprom Neft Badra Central Processing Facility Increases to 115,000 bpd
Iraq >> 6/29/2016 - Construction of a third production line has now been completed at the central oil treatment facility at the Badra field, Iraq, operator of which is Gazprom Neft, increasing potential capacity for oil ...
Millionth Tonne of Oil Produced at Gazprom Neft Novoportovskoye Field
Russia >> 6/27/2016 - Total oil production at the Gazprom Neft Novoportovskoye oil and gas-condensate field (under development by Gazprom Neft subsidiary Gazpromneft-Yamal) has now reached one million tonnes. ...
NISOC Output Exceeds 2.9 Mbpd
Iran >> 6/26/2016 - According to Head of Integrated Planning Department, NISOC crude output has reached to 2.90 million barrels per day. Explaining about this, Abdollah Mousavi added, now we can say that company’s crude ...
5 Desalination Plans to Come Online Soon
Iran >> 6/26/2016 - Managing Director of National Iranian South Oil Company said, 500,000 barrels will be added to company's current desalting capacity concurrent with starting up fresh desalting plans in across NISOC op...
Yadavaran Crude Recovery at 95,000 b/d
Iran >> 6/25/2016 - Iran is currently recovering 95,000 barrels of crude oil per day from Yadavaran oil field of which 75,000 b/d is light crude oil. ...
Frames Awarded Contract for Wellsite Packages in Saudi Arabia
Frames Awarded Contract for Wellsite Packages in Saudi Arabia Saudi Arabia >> 6/23/2016 - Together with Al Suwaidi Heavy Industries, Frames was awarded a contract to supply several wellsite packages for the onshore Maintain Potential Program of Saudi Aramco. In continuation of Frames’ cont...
Gas Condensates Export Started from Phase 19
Iran >> 6/23/2016 - The first cargo of gas condensates from South Pars phase 19 exported this week, the phase’s operator said. The 300,000 barrel cargo was the most valuable product of the phase’s refinery that was expo...
Exillon Energy's May 2016 Production Report
Russia >> 6/21/2016 - Exillon Energy plc (the Company or the Group) , 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 ple...
Renaissance Oil Becomes Mexico's 2nd Largest Petroleum Producer after PEMEX
Mexico >> 6/20/2016 - Renaissance Oil Corp. has received payment for its first sale of crude oil, condensate and natural gas to the Mexican state oil company, Petroleos Mexicanos (PEMEX). The combined hydrocarbon productio...
Husky Energy Begins Steam Operations at Edam West & Provides Thermal Update
Canada >> 6/16/2016 - Husky Energy has commenced steam operations at the 4,500 barrels per day (bbls/day) Edam West Thermal in Saskatchewan, its third thermal project to be brought online this year. ...
Russia and Venezuela Discuss Oil Production Freeze
Russia >> 6/16/2016 - Russian Energy Minister Alexander Novak said he discussed plans for a possible oil production freeze with his Venezuelan counterpart Eulogio del Pino on the sidelines of the St Petersburg Internationa...
Gazprom & Comita Address Localization of Equipment Production
Russia >> 6/16/2016 - A working meeting between Alexey Miller, Chairman of the Gazprom Management Committee, and Danilo Durakovic, President of Comita, took place today at the St. Petersburg International Economic Forum 20...
Iran Says Production of Oil from Caspian Sea Not Priority
Iran >> 6/15/2016 - Minister of Petroleum Bijan Zangeneh said on Tuesday that production of oil from Caspian Sea is not priority. Speaking in the Majlis(parliament) public meeting, he said that oil recovery from the Casp...
Russia's Gazprom Expects China's Gas Consumption to Double
Russia >> 6/14/2016 - Russia's top gas producer Gazprom expects China's gas consumption to more than double, deputy CEO Alexander Medvedev said on Tuesday, suggesting the company is still counting on robust growth in deman...
Skyland Petroleum to Commence Production Testing in Georgia
Georgia >> 6/14/2016 - Skyland Petroleum Limited (SKP) announced that the semi-horizontal bore hole required for the full production testing on the Kumisi #2 Well in Georgia has been successfully completed on time a...
Gullfaks Partners Given Consent for Start-up of Rutil
Norway >> 6/13/2016 - The Norwegian Petroleum Directorate (NPD) has granted the licensees in Gullfaks (production licence 050) consent to start-up the facilities on the Rutil deposit on Gullfaks South, and to start produci...
Iran Sees No Deal on Oil Output Freeze
Iran >> 6/11/2016 - Minister of Petroleum Bijan Zangeneh says Iran will continue to ramp up oil production until it returns to levels before sanctions cut its exports. ...
Russia's Gazpromneft to Increase 2016 Output by 5%
Russia >> 6/10/2016 - The head of Gazpromneft, the oil-producing unit of Russian gas giant Gazprom, said the company would increase its 2016 hydro-carbons output by 5 percent to 85-86 million tonnes of oil equivalent. ...
PDVSA and Private Sector Strengthen Strategic Relations
Venezuela >> 6/9/2016 - The People's Minister of Petroleum and Mining and President of Petroleos de Venezuela, S.A. (PDVSA), Eulogio Del Pino, led the working group meeting of the National Council on Productive Economy of th...

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