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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...
Iraq is Keen to Succeed the Agreement of OPEC to Cut Production
Iraq >> 1/16/2017 - The work sheet which was presented by Mr. Jabbar A. Allibi the minister of oil during the annual energy forum in Abu-Dhabi, took a considerable attention by the economic entities and the concerned aut...
Iran Reachs Qatar in South Pars Gas Production
Iran >> 1/14/2017 - Mohammad Meshkinfaamannounced the current daily production of South Pars field as 500 million cubic feet meters in the press conferences held on the occasion of the 18th anniversary of the company est...
Libya's oil production up to 750,000 bpd
Libya >> 1/14/2017 - Libya's oil production is up to 750,000 barrels per day (bpd), the deputy leader of the U.N.-backed government said on Friday, a rise of about 50,000 bpd from last week. A two-year blockade on pipelin...
Russia's Novatek Says Gas Output Down 2.7% In 2016
Russia >> 1/13/2017 - Russia's No.2 natural gas producer Novatek said its gas output declined by 2.7 percent in 2016, while gas condensate and oil production jumped by almost 37 percent as it commissioned new fields. ...
CNOOC Commences Production at Penglai 19-9
China >> 1/13/2017 - CNOOC Limited has announced that the Penglai 19-9 comprehensive adjustment project has commenced production. ...
Horizon Oil Reports Significant Production Milestone at Beibu Gulf Fields
China >> 1/12/2017 - Horizon Oil has advised that on 10 January 2017 production from the Beibu Gulf fields, offshore China, which came on stream in March 2013, reached a total of 13.9 million barrels of oil. ...
OMV to Resume Production at Maari Oil Field
New Zealand >> 1/12/2017 - The Maari oil-field, 80km off the Taranaki Coast, is set to progressively resume production this week says its operator, OMV New Zealand. The company stopped production in late November last year as a...
Petrobras Reaches Its Production Target
Brazil >> 1/11/2017 - Petroleo Brasileiro S.A., Petrobras reports that the Company’s average oil production in Brazil reached an annual historical record in 2016, at 2.144.256 barrels per day (bpd), 0.75% above the results...
Gazprom Neft Expects to Start Pilot Project Works at Severo-Samburgskoye Field in 2017
Russia >> 1/10/2017 - Gazprom Neft subsidiary Gazpromneft-Yamal has announced plans to begin pilot operations at the Severo-Samburgskoye field, located in the Purovsky district in the Yamalo-Nenets Autonomous Okrug, in 201...
Russia Cuts Oil Output by 100,000 Bpd in Early Jan 2017
Russia >> 1/9/2017 - Russia cut its oil production in early January by around 100,000 barrels per day (bpd) from the previous month after an agreement with OPEC to cap global crude output, two sources from the energy sect...
Iran Gas Output up 50% in 3 Years
Iran >> 1/7/2017 - Iranian Minister of Petroleum Bijan Zangeneh says Irans gas output has raised its natural gas output by 50% over the course of the past three years. ...
Saudis & Russia to Diverge on Speed of Oil Output Cuts
Russia >> 1/6/2017 - OPEC and non-OPEC members have pledged to cut their combined oil production by an average of just over 1.7 million barrels per day (bpd) in the first six months of 2017. ...
S. Sudan’s Unity Oil Fields to Resume Production within Two Months
South Sudan >> 1/6/2017 - South Sudan will resume oil production from the Unity oil fields in a two-month period said officials in Bentiu and Khartoum, asserting that the area is no longer troubled by rebel presence. Petroleum...
Successful Workover of Avouma 2-H Well Produces 2,700 BOPD Gross
Gabon >> 1/5/2017 - VAALCO Energy, Inc. (VAALCO) announced that the Avouma 2-H well on the Avouma Platform offshore Gabon is back on production after utilizing a hydraulic workover unit to replace a failed Electric Subme...
Aker BP Reports 1 Billion Barrels Produced at Valhall
Norway >> 1/5/2017 - Valhall and Hod have passed one billion barrels of oil equivalents (oil, gas and NGL) produced – thus more than three times what was expected at the opening of the field in 1982. Hod, which produces v...
Regal Petroleum Provides Update on Ukraine Operations
Ukraine >> 1/4/2017 - Regal Petroleum plc, the AIM-quoted oil and gas exploration and production group, announces an update of its operational activities at its Ukrainian gas and condensate fields, which comprise the Mekhe...
Regal Petroleum Provides Update on Ukraine Operations
Ukraine >> 1/4/2017 - AIM-listed Regal Petroleum has announced an update of its operational activities at its Ukrainian gas and condensate fields, which comprise the Mekhediviska-Golotvshinska (MEX-GOL) and Svyrydivske (SV...
Chevron Resumes Operation at Gorgon LNG Train 1
Australia >> 1/4/2017 - Chevron Corp has resumed production of liquefied natural gas (LNG) at one of its two units at the $54 billion Gorgon project, located off Western Australia, after an outage of slightly more than a mon...

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