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Production News

Production Bands are a Compromise between Production Quotas and a Rigid Output Ceiling
Venezuela >> 6/7/2016 - The People’s Minister of Petroleum and Mining and President of Petroleos de Venezuela, .S.A. (PDVSA), Eulogio Del Pino, participated in the 19th Plenary of the National Council on Productive Economy, ...
Three New Wells Brought into Production at Badra field
Iraq >> 6/6/2016 - Three wells, producing a total 24,000 barrels per day, have been commissioned at the Badra field, Iraq, by operator Gazprom Neft. The total number of wells at the Badra field has now reached nine, all...
Aminex Provides Update on Kiliwani North-1
Tanzania >> 6/6/2016 - Aminex PLC, is pleased to provide the following update on gas production from its Kiliwani North Development Licence in Tanzania. ...
Ghana Expects Steady Oil Output as Jubilee Recovers
Ghana >> 6/6/2016 - Ghana's oil output is expected to average 110,000 barrels per day in 2016, similar to last year, as output is ramped up at Tullow Oil's Jubilee Field, a senior government official said. Production at ...
ENGIE Reports Record-High Gas Production at Gjoa Field
Norway >> 6/6/2016 - ENGIE E&P Norge has increased the gas production on Gjoa by 17.5 per cent. By continually challenging limitations and spotting potential, ENGIE E&P have increased the current gas production from Gjoa ...
Lukoil Introduces Unique Production Enhancement Technology in Perm Region
Russia >> 6/3/2016 - PJSC LUKOIL has introduced in the Perm region a Russian-designed innovative technology to increase production of hydrocarbons in the Kama river area. ...
Natural Gas Production Increased by 6% in April
Brazil >> 6/2/2016 - Total production of oil and natural gas in Brazil in April totaled 2.893 million of barrels of oil equivalent per day (boe / d). Oil production was approximately 2,290 million barrels per day (bbl / d...
ENAP & YPF Start Project that Increased Gas Production in Argentina
Argentina >> 6/2/2016 - ENAP, through its subsidiary Enap Sipetrol Argentina and YPF announced the startup of the Area Magallanes Incremental Project (PIAM), which aims to increase the production of natural gas and crude oil...
Current Production Levels Show a De Facto Production Freeze
Venezuela >> 6/1/2016 - People’s Minister of Petroleum and Mining and President of Petroleos de Venezuela, S.A. (PDVSA), Eulogio Del Pino, arrived in Vienna, where the 169th Meeting of the OPEC Conference will take place. ...
Iran Gas Production Increases by 23bn Cubic Meters
Iran >> 5/30/2016 - An Iranian Petroleum Ministry official says the country’s natural gas output has risen by 23 billion cubic meters over the past year. ...
Output of West Karoon Fields 280k b/d by November 2016
Iran >> 5/30/2016 - Iran will see production rise to 280,000 bpd from West Karoon oil fields before November 2016, a senior petroleum official said. ...
SP Phase 19 to Produce 1bcf Gas by Mid-May 2016
Iran >> 5/26/2016 - Iran’s gas recovery from phase 19 of the South Pars gas field will increase to one billion cubic feet by mid-May 2016 as the phase’s 19C platform comes online and pumps gas to SPD2 platform, operator ...
SP Gas Condensate Output Jumps 15%
Iran >> 5/26/2016 - Gas and gas condensate production from South Pars gas field increased 15 percent in the last Persian year (ended March 20, 2016), announcedthe managing director of Pars Oil and Gas Company. ...
Exxon Says Crude Output at Cepu Block Could Reach 200,000 bpd
Indonesia >> 5/25/2016 - Crude oil output from Exxon Mobil's Cepu block in Indonesia could reach 200,000 barrels per day (bpd) up from 185,000 bpd at present, if the government approves an increase, a company spokesman said. ...
MX Oil Provides Aje Field Update
Nigeria >> 5/25/2016 - MX Oil plc, the AIM quoted oil and gas investing company, is pleased to note the publication today by Panoro Energy of its First Quarter Results for 2016 which includes an update on the Aje field. Pa...
First Cargo of Yamal Oil Shipped from Arctic Gate Offshore Terminal
Russia >> 5/25/2016 - An event marking the start of the year-round shipments of Yamal oil from the Arctic Gate (Vorota Arktiki), an Arctic oil loading terminal, took place today in the Mys Kamenny settlement (Yamal Peninsu...
Egypt's Gas Projects to Increase Production to 5.5-6 Bln Cfd
Egypt's Gas Projects to Increase Production to 5.5-6 Bln Cfd Egypt >> 5/22/2016 - Egypt will increase its natural gas production to between 5.5 and 6 billion cubic feet per day (cfd) by the end of 2019, Oil Minister Tarek El Molla said, up from the current 3.9 billion cfd. ...
Angola LNG Restart and Sales Tender Delayed
Angola >> 5/20/2016 - Angola's liquefied natural gas (LNG) export plant is experiencing fresh delays in raising production and shipping a cargo, according to trade sources. The plant, shut since April 2014 following constr...
PDVSA Maintains Crude Production Levels
Venezuela >> 5/19/2016 - Petroleos de Venezuela, S.A. (PDVSA) announces that crude production levels have remained stable for the first quarter of 2016, despite the strong financial impact of falling oil prices for more than ...
Argentina Unveils Stimulus Plan to Boost Natural Gas Production
Argentina >> 5/19/2016 - Argentina announced a new program to boost natural gas production through a guaranteed price system, in a bid to cut liquefied natural gas imports and reduce the country's long running energy deficit....

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