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Production News

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. ...
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...
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...
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. ...
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. ...
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...
Mubadala Encounters Oil at Its Manora Appraisal Well
Thailand >> 9/9/2016 - JV partner Tap Oil has provided an update on the Mubadala-operated Manora Oil Development in the Northern Gulf of Thailand (TAP 30% interest). ...
Goliat Still Shut Down
Norway >> 9/9/2016 - A meeting on Goliat was held by the Petroleum Safety Authority Norway (PSA) with Eni Norge’s management. The latter has decided that this field will remain shut down until measures are implemented and...
BP Says Expects Flat Oil Output In Azerbaijan In 2017
Azerbaijan >> 9/7/2016 - British oil major BP expects flat oil output in Azerbaijan in 2017 and will adhere to an oil output freeze, if the Azeri government takes such a decision, the company's regional manager said. ...
Shell Starts Production at Stones in the Gulf of Mexico
United States >> 9/6/2016 - Shell announces that production has started from the Stones development in the Gulf of Mexico. Stones is expected to produce around 50,000 barrels of oil equivalent per day (boe/d) when fully ramped u...
Saudi Arabia Would Go Along with a Freeze if Oil Producers Agree One
Saudi Arabia >> 9/6/2016 - Saudi Arabia said it would go along with a freeze in oil output if other producers agreed one but cautioned that Iran could foil any attempt to limit output. ...
Chemex Modular to Help Nigeria Expand Refining Capacity
Nigeria >> 9/5/2016 - Chemex Modular, LLC has reached terms in principle with its longtime client and business partner Niger Delta Petroleum Resources Ltd (NDPR) to expand NDPR's existing refining capacity from 1,000 barre...

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