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Production News

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 Sudan’s 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 ...
Gazprom Neft Launches Second Arc 7-Class Tanker for Year-Round Shipment of Novy Port Oil
Russia >> 5/6/2016 - The Shturman (Navigator) Malygin — the second of six Arc7-class tankers built to ensure the year-round shipment of oil from the Gazprom Neft Novoportovskoye field — has been launched. ...
Oil and Natural Gas Production in April
Brazil >> 5/6/2016 - Petrobras informs that its total oil and natural gas production in April amounted to 2.69 million barrels of oil equivalent per day (boed), of which 2.50 million boe were produced in Brazil and 190,00...
Panoro Commences First Oil Production from Aje Field
Nigeria >> 5/4/2016 - Panoro Energy ASA, the independent E&P company with assets in Nigeria and Gabon, notes the recent announcement made by its partner, the Operator of OML 113 Yinka Folawiyo Petroleum Company Limited, an...
Erin Energy Resumes Production in Oyo-8 Well
Nigeria >> 5/3/2016 - Erin Energy Corporation announced the Island Constructor light well intervention (LWI) vessel has successfully completed work on the Oyo-8 well and the Company has resumed production from the well. ...
WesternZagros Resumes Production from the Garmian Block
Iraq >> 5/3/2016 - WesternZagros Resources Ltd. announces the resumption of crude oil production and sales from the Sarqala-1 well in the Kurdistan Region of Iraq. ...
30% Rise in North Azadegan Oil Deposits
Iran >> 5/1/2016 - Engineering studies over North Azadegan oilfield indicate that the field holds 30% more crude oil in its despite than was previously estimated in the field’s 2008 master development plan (MDP). ...
Tullow's Jubilee Oil Field to Restart in Next Few Days
Ghana >> 4/28/2016 - Tullow Oil Plc said production at its flagship field offshore Ghana will resume in the next few days, while another project under development in the nation’s waters remains on track. Production at the...
Successful Recompletion of Well GY-671 at Goudron Field
Trinidad and Tobago >> 4/27/2016 - LGO is pleased to announce that production has started from a new interval in well GY-671 on the Goudron Field in Trinidad. A total of 208 feet of perforations were added to the Upper C-sand reservoi...
Saudis and Kuwait Struggle to Restart Khafji Oilfield
Saudi Arabia >> 4/26/2016 - Kuwait and Saudi Arabia appear no closer to restarting their jointly operated Khafji oilfield, industry sources said, despite Kuwait saying the sides had agreed to ramp up output after an 18-month shu...
CNOOC's Panyu 11-5 Oil Field Commences Production
China >> 4/25/2016 - CNOOC Limited has announced that the Panyu 11-5 oil field has commenced production. The Panyu 11-5 oil field is located in the Pearl River Mouth Basin of the South China Sea with an average water dept...
Andes Energia Provides Group Production Update
Argentina >> 4/22/2016 - The Board of Andes is pleased to provide an update on production at a Group level based on the February 2016 sales and production reports. ...
ExxonMobil Starts Production at Point Thomson
United States >> 4/22/2016 - ExxonMobil has started production at its Point Thomson project, the first company-operated project on Alaska’s North Slope. ...
Saudi's Petrorabigh Starts Expanded Ethane Cracker
Saudi Arabia >> 4/21/2016 - Saudi Arabia's PetroRabigh has started full operations at its expanded ethane cracker, it said. The expansion will increase ethane processing capacity from 95 million standard cubic feet per day (scfd...
Kuwait Oil, Gas Workers End 3-day Strike
Kuwait >> 4/20/2016 - Kuwaiti oil and gas workers have ended a three-day strike that had temporarily cut the OPEC member's crude production by nearly half, local newspaper Al Jarida reported late on Tuesday, citing the tra...
Work Begun in Earnest to Increase Oil Production at Goudron Field
Trinidad and Tobago >> 4/20/2016 - LGO Energy plc is pleased to advise that work has begun in earnest to increase oil production at its Goudron Field in Trinidad and approvals have been granted by the Petroleum Company of Trinidad and ...

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