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Production News

Iran’s Oil Production up 100k bpd
Iran >> 4/3/2016 - The latest market figures show Iran’s oil production rose by 100,000 barrels per day (bpd) in March – a yet another sign of the country’s positive performance after the removal of multiple-year sancti...
Orinoco Oil Belt Workers Connected 57 Wells in March
Venezuela >> 4/2/2016 - People’s minister of Petroleum and Mining and president of Petroleos de Venezuela, S.A. (PDVSA), Eulogio Del Pino, highlighted the hard and tenacious work of the Hugo Chavez Orinoco Oil Belt oil worke...
First Oil Produced at Gazprom Neft Maloyuganskoe Field
Russia >> 3/31/2016 - Gazprom Neft has confirmed production of first oil at the Maloyuganskoye field, located on the border between the Nizhnevartovsky and Surgutsky districts of the Khanty Mansiysk Autonomous Okrug. Devel...
Kuwait, Saudi Arabia to Resume Al Khafji Oil Field Operations
Saudi Arabia >> 3/29/2016 - Kuwait has agreed with neighbour Saudi Arabia to resume oil production at the jointly operated Khafji field, the OPEC member state's acting oil minister said, weeks before oil producers are set to agr...
KOGPC Meets 100.5% of Production Target
Iran >> 3/29/2016 - Karoun Oil & Gas Producing Company (KOGPC) has met 100.5 % of its scheduled production target by the end of first six months of the current Iranian calendar year, announced KOGPC Managing Director. ...
President Energy Commences Puesto Guardian Workover Program
Argentina >> 3/29/2016 - Operations at Puesto Guardian

The fo...
SPDC Increases Gas Production in Eastern Niger Delta
Nigeria >> 3/28/2016 - The Shell Petroleum Development Company of Nigeria Ltd (SPDC) Joint Venture is producing more gas from Agbada field in the Eastern Niger Delta in support of government’s aspiration of increasing domes...
Goudron Overriding Royalty Rates Reduced
Trinidad and Tobago >> 3/24/2016 - LGO Energy plc confirms that it has been notified by the Petroleum Company of Trinidad and Tobago Limited (Petrotrin) that overriding royalty rate reductions for the Company's production at the Goudro...
10-millionth Barrel of Oil Produced at Prirazlomnoye Field
Russia >> 3/21/2016 - March 2016 saw the 10-millionth barrel of oil produced at the Prirazlomnoye oilfield — located on the Russian Arctic Shelf in the Pechora Sea and currently under development by Gazpromneft Shelf. Ship...
GSS-008 Well Celebrates 8th Year of Production
China >> 3/21/2016 - Green Dragon Gas Ltd. (GDG), one of the largest independent companies involved in the production and sale of Coalbed Methane ('CBM') gas in China, is pleased to announce the 8th anniversary of product...
Gas Begins Flowing from Oxy Oman’s Block 62
Oman >> 3/21/2016 - Occidental of Oman Inc, the largest independent producer in the Sultanate, has announced the successful start-up of gas production from its Block 62 in north Oman. Robert Swain (pictured), Senior Vice...
Erskine Field Production Impacted by Pipeline Blockage
United Kingdom >> 3/17/2016 - Serica Energy plc provides the following operations update: ...
Oil Production at Gazprom Neft’s Prirazlomnoye Field to Increase Almost Two-Fold
Russia >> 3/16/2016 - A revised production schedule for Gazprom Neft’s Prirazlomnoye field, recently approved by Russia’s Federal Subsoil Resources Management Agency (Rosnedra), has seen the field’s “peak” production perio...
Exillon Energy Provides February 2016 Production Figures
Russia >> 3/16/2016 - Exillon Energy plc (Exillon Energy), 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 ann...
SOCAR Opens New Filling Station in Romania
Azerbaijan >> 3/16/2016 - SOCAR successfully continues its investment projects in Romania and expands filling stations network. New SOCAR petrol station was opened in Bucharest on March 16. Consequently, the number of SOCAR fi...
LGO Provides Update on Goudron Production Investment
Trinidad and Tobago >> 3/14/2016 - LGO Energy plc provides an update on its Goudron Field work plans. The Company previously announced that it was planning to increase investment in production operations in the light of a general stabi...
Eni Starts Production of Goliat
Norway >> 3/14/2016 - Eni has started production from the Goliat field located in Production Licence 229, which is 85 kilometres northwest of Hammerfest in an ice-free area in the Barents Sea offshore northern Norway. ...
Tullow Declares Force Majeure on Jubilee Crude
Ghana >> 3/14/2016 - Tullow declared force majeure on two cargoes of Ghana's Jubilee crude oil after an issue on the Floating Production Storage and Offloading (FPSO) facility that exports the oil. The company said it dec...
Shell Delivers More Brazil Deep-Water Production from Parque das Conchas
Brazil >> 3/14/2016 - Shell and its joint venture announce the start of oil production from the third phase of the deep-water Parque das Conchas (BC-10) development in Brazil's Campos Basin. Production for this final phase...
Tethys Oil provides February 2016 production Updates
Oman >> 3/14/2016 - Tethys’ share of the production, before government take, from Blocks 3 and 4 onshore the Sultanate of Oman amounted in February 2016 to 357,805 barrels of oil, corresponding to 12,338 barrels of oil p...

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