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Production News

SP Phase 19 to Produce 1bcf Gas by Mid-May 2016
Iran >> 5/26/2016 - Iranís gas recovery from phase 19 of the South Pars gas field will increase to one billion cubic feet by mid-May 2016 as the phaseís 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. ...
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...
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...
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...
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....
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 ...
Air Products & NSPE Team Up to Commercialize Their First Hydrogen Fueling Station in Japan
Japan >> 5/18/2016 - Air Products (APD) and NIPPON STEEL & SUMIKIN Pipeline & Engineering Co. Ltd. (NSPE) have successfully constructed and placed onstream their first retail hydrogen fueling station in Tokyo, Japan. JX N...
MOGPC Production Target Realized
Iran >> 5/16/2016 - Managing director of Maroun Oil & Gas Producing Company said, this company has materialized its production schedule. ...
Iran Oil Exports Hit 2.4 million bpd
Iran >> 5/14/2016 - Minister of Petroleum Bijan Zangeneh says Iranís daily production of oil and condensate has risen to 2.4 million barrels. ...
Iran Set to Take over Qatar in Gas Output from Shared Field
Iran >> 5/14/2016 - Iran said that it will take over Qatar in production of natural gas from a key field that both share as it expects a significant rise in production from the field before March 2017. ...
Oil Show & Display of Iran National Production Prowess
Iran >> 5/14/2016 - Director of engineering and construction at National Iranian South Oil Company (NISOC) said Iran Oil Show is a showcase for displaying Iranís production capabilities. ...
Aghajari Company Meets Full Production Target
Iran >> 5/14/2016 - According to manging director of Aghajari Oil & Gas Producing Company, a full production target has been fulfilled in past Iranian calendar year. ...
Andes Provides Group production in April 2016 of 3,532 boe/d
Argentina >> 5/13/2016 - The Board of Andes is pleased to provide an update on current production at a Group level based on the April and March 2016 sales and production reports.

Group production for April 2016 was...
Recompletion of Well GY-50 on Goudron Field
Trinidad and Tobago >> 5/12/2016 - LGO is pleased to announce that production has started from a new interval in well GY-50 at the Goudron Field in Trinidad. A total of 197 feet of perforations were added to the Goudron Sandstone, als...
Iran Again Rejects Joining Oil Freeze Plan
Iran >> 5/11/2016 - Irans Oil Minister Bijan Zangeneh says the country is still determined to increase its oil production to as high as four million barrels per day (bpd), stressing that Tehran will only negotiate over j...
Iran Says Ready to Join Oil Freeze Plan
Iran >> 5/7/2016 - Iran said that it is ready to join an oil freeze plan that has been proposed by several key peer producers to help stabilize the market. ...
South Sudan Sees Oil Output Rise Limited by Damage to Fields
South Sudan >> 5/6/2016 - Damage to South Sudanís oil fields after more than two years of civil war will hamper plans to boost output, Petroleum Minister Dak Duop Bischok said. The government is currently assessing the extent ...

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