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Production News

85,000 b/d from Yadavaran Oilfield phase1 by 1stQ of Iranian year
Iran >> 1/9/2015 - “85,000 barrels of crude oil will be produced per day from Yadavaran Oilfield, Phase 1 by the first quarter of the next Iranian year (beginning from March 2015),” supervisor of the Development Project...
Yaran Output to Reach 15,000 b/d
Iran >> 1/6/2015 - Production from North Yaran oil field is expected to increase from the current 5,000 b/d to 12,000 or 15,000 b/d by July, an official at Petroleum Engineering and Development Company said. ...
Honeywell Starts Full-Scale Production of Low-Global-Warming Propellant
United States >> 1/6/2015 - Honeywell has started full-scale commercial production of a low-global-warming-potential (GWP) material used as an aerosol propellant, insulating agent and refrigerant. ...
ConocoPhillips ProducesFirst Oil from Eldfisk II Project
Norway >> 1/5/2015 - ConocoPhillips announced first oil production from the Eldfisk II project in the Norwegian North Sea. "Eldfisk II joins Ekofisk South as the second major project startup in Norway since late 2013," sa...
Oil Hits Five and a Half year Lows on Supply Glut
Russia >> 1/5/2015 - Oil prices dropped to fresh 5-1/2-year lows as worries about a surplus of global supplies and lackluster demand dragged on oil markets. ...
Gulf Keystone Provides Update for Shaikan
Gulf Keystone Provides Update for Shaikan Iraq >> 1/5/2015 - Gulf Keystone Petroleum Limited, an exploration and production company with operations in the Kurdistan Region of Iraq, provides an update on the Company's operations at Shaikan, its key producing as...
Eni Starts Production at Nené Marine Field offshore Congo
Congo >> 1/5/2015 - Eni has started production from Nené Marine field, offshore Congo, just eight months after obtaining the production permit and 16 months following the exploration discovery. The field is located in Ma...
Changqing Oilfield Reached New High in Oil & Gas Production
China >> 1/4/2015 - Changqing Oilfield produced 25.04 million tons of crude and 38.15 billion cubic meters of natural gas, totaling 55.45 million tons of oil equivalent, a net increase of 3.5 million tons of oil equivale...
Iran to Increase South Pars Gas Production to 100 mcm by March 2015
Iran >> 1/2/2015 - Iran’s oil minister says the country plans to pump up natural gas production at South Pars gas field to 100 million cubic meters (mcm) per day by the end of the current Iranian calendar year (started ...
BP Starts Production from Major Upstream Project in North Sea
BP Starts Production from Major Upstream Project in North Sea United Kingdom >> 12/30/2014 - BP, on behalf of the Kinnoull field co-venturers, has started production from the Kinnoull field in the central North Sea. Kinnoull is BP’s seventh and final major upstream project start-up in 2014. T...
Lundin Commences First Production from Brynhild Oil Field
Norway >> 12/29/2014 - Lundin Petroleum AB (Lundin Petroleum) is pleased to announce that first oil from the Brynhild field has been achieved. ...
OPEC Must Reduce Production to Correct Market Imbalances
Algeria >> 12/29/2014 - Oil revenues are estimated at USD 60 billion by the end of 2014 against USD 62 billion in 2013, i.e. a decrease of USD 2 billion, Minister of Energy, Youcef Yousfi announced Saturday. ...
New Well Brought into Production at Badra Field
New Well Brought into Production at Badra Field Iraq >> 12/29/2014 - A third well has now been brought into production at the Badra oilfield, Iraq, under field development operator Gazprom Neft. The commissioning of this third well ensures the sustainable production of...
November Oil and Natural Gas Production
Brazil >> 12/26/2014 - Petrobras' consolidated oil and gas production, in Brazil and abroad, was 2 million 741 thousand barrels of oil equivalent per day (boed), in November, up 2.7 million boed by the fourth consecutive mo...
Petrobras Reaches 700,000 Bpd of Production
Brazil >> 12/23/2014 - Petrobras reached, in December 21st, a new historical record of oil and NGL daily production, producing 2 million 286 thousand barrels. Produced volume does not take into account the share of partners...
Vaalco Resumed Production From Ebouri 2-H Well
Gabon >> 12/22/2014 - VAALCO Energy, Inc announced that production from Well 2-H in the Ebouri field, offshore Gabon, has resumed following successful wireline remedial work. VAALCO expects production to stabilize at appr...
South Pars Annual Revenues at $56b
Iran >> 12/21/2014 - Revenues from the giant offshore South Pars gas field reach $56 billion, managing-director of South Pars Gas Complex said. ...
New Well Commissioned on Guneshli Field
Azerbaijan >> 12/20/2014 - Well No 216 has been commissioned at the 5th deepwater jackets factory of the Guneshli field after major repair. According to Oxu.Az, the due information was spread by the State Oil Company (SOCAR). ...
New Well Commissioned on Oil Rocks Field
Azerbaijan >> 12/18/2014 - The well # 2151 from the platform # 2150 was commissioned on Oil Rocks field. ...
LS36-1 Gas Field Commences Commercial Production
China >> 12/18/2014 - Primeline Energy Holdings Inc. announces that commercial production has now commenced at its LS36-1 gas field, trial production having been successfully completed. The production period under the Petr...

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