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Production News

Yarudeyskoye Oil Field Reached its Full Production Capacity
Russia >> 1/12/2016 - OAO NOVATEK (NOVATEK) announced that the Yarudeyskoye oil field has reached its planned production capacity of 9,700 tons of crude oil per day, which is equivalent to approximately 3.5 million tons pe...
Six South Pars Phases to Become Operational by June 2016
Iran >> 1/11/2016 - Iran will launch six phases of the South Pars Gas Field by June 2016, said the managing director of the National Iranian Oil Company. The on-shore section of the phases 17 and 18 are currently ready t...
President Rouhani Launches South Pars Gas Field Phases 15 & 16
President Rouhani Launches South Pars Gas Field Phases 15 & 16 Iran >> 1/11/2016 - President Hassan Rouhani officially inaugurated South Pars Gas Field’s phases 15 and 16 on Monday marking a major step forward in completion of the mega project’s development. Planned for an increment...
South Pars Oil &Gas Fields Development to Complete by March 2018
Iran >> 1/11/2016 - Implementation of development of South Pars oil and gas fields will be worked out by March 2018, (end of Iranian year 1396), President Hassan Rouhani said. ...
PetroChina & Chevron Sichuan Gas Project in China Starts Output
China >> 1/11/2016 - Chevron Corp. and PetroChina Co. started natural gas production in China’s southwestern regions of Sichuan and Chongqing, eight years after signing a production- sharing agreement. ...
Eni Starts Mpungi Field Production at West Hub in Angola
Angola >> 1/11/2016 - Eni has started production from the Mpungi field in the West Hub Development Project, within Block 15/06 of the Angolan Deep Offshore, approximately 350 kilometres northwest of Luanda and 130 kilometr...
Phases 20, 21 of SP Field to Come on Stream Next Summer
Iran >> 1/11/2016 - Managing Director of National Iranian Oil Company (NIOC) Rokneddin Javadi said that Phases 20 and 21 of South Pars Gas Field in southern Iran will become operational next summer. ...
South Pars Gas Condensate Reservoir Ready for Export
Iran >> 1/11/2016 - The first natural gas condensate reservoir of the phases 17 and 18 of the South Pars Gas Field has become completely full and is ready for exports. At present, the phases produce 23 million cubic mete...
NISOC Meets Full Production Target
Iran >> 1/9/2016 - According to NISOC Production Director, National Iranian South Oilfields Company has reached 107% of its production target during 7 months of the current Iranian calendar year (starting March 21st, 20...
Tuzi Field 102 Platform’s Production Commenced
China >> 1/8/2016 - The Company is pleased to announce that the 5 wells of the Tuzi Luoke gas field 102 platform, which is jointly developed by the Company and (China National Petroleum Corporation*), were put into produ...
Two workovers Completed at Dos Puntitos with Results Ahead of Expectations
Argentina >> 1/7/2016 - President Energy gives the following update relating to its Argentine assets. ...
UK Oil and Gas Production Rose more than 7% in 2015
United Kingdom >> 1/4/2016 - Oil & Gas UK’s chief executive Deirdre Michie welcomes confirmation of the first rise in oil and gas production for over 15 years but warns that the industry will be extremely challenged to sustain ...
Iran Eyes $20m/d of Revenues from Phases 15&16
Iran >> 1/3/2016 - Iran will earn 20 million dollars a day once phases 15 and 16 of the supergiant South Pars gas field. The phase developments are the most Iranian phases of the gas field and will be presently inaugura...
Iran to Raise Oil Output Based on Market Needs
Iran >> 1/3/2016 - A senior Iranian official says Iran will raise its oil production based on the market needs after the lifting of international sanctions expected later this month. ...
First Gas Flows from Corrib Gas Field in Ireland
Ireland >> 12/30/2015 - Natural gas has started to flow from Ireland’s Corrib gas field, marking an important milestone for the country and Shell’s upstream operations. Located 83 kilometres off Ireland’s northwest coast in ...
First Gas from the Corrib Field
Ireland >> 12/30/2015 - Operator Shell announced that gas production has started from the Corrib field off the northwest coast of Ireland. Statoil holds a 36.5% participating interest in the field. ...
Lukoil Produces 1 Hundred Million Tonnes of Oil from the Beginning 2015
Russia >> 12/29/2015 - For the first time in the company's history, PJSC LUKOIL has as of today stepped over the boundary of 100 million tonnes of produced oil annually. The increase in LUKOIL's production in 2015, versus ...
TAQA Starts Up Cladhan Field Development in North Sea
TAQA Starts Up Cladhan Field Development in North Sea United Kingdom >> 12/29/2015 - Abu Dhabi National Energy Company PJSC (TAQA), announced first oil from the new Cladhan field development in the UK North Sea. The field is developed as a subsea tie-back to the TAQA-operated Tern Alp...
Lukoil Pumps 2m bpd in 2015
Iraq >> 12/29/2015 - For the first time in the company's history, PJSC LUKOIL has as of stepped over the boundary of 100 million tonnes of produced oil annually. The increase in LUKOIL's production in 2015, versus the pre...
Lukoil Produces Over 30m Tonnes of Oil at West Qurna-2
Iraq >> 12/25/2015 - Since its launch in March 2014, cumulative production of Iraq’s West Qurna-2 field, operated by PJSC LUKOIL, exceeded 30 million tonnes of oil. ...

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