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Production News

Low Prices will Hamper Nigeria's Bid to Boost Output
Nigeria >> 3/17/2015 - Consistently low oil prices will hamper Nigeria's bid to boost output to 4 million barrels per day (bpd), Oil Minister Diezani Alison-Madueke was quoted as saying at an oil and gas conference in the c...
Will Gas Threaten Coal in Asia's Power Mix?
United Kingdom >> 3/17/2015 - Asia Pacific demand is driving the largest ever level of investment in power generation capacity over the next two decades, with over 2,000 GW expected to be added by 2030. ...
Condor Petroleum Suspends Production at Shoba
Kazakhstan >> 3/16/2015 - Condor Petroleum Inc. is pleased to provide an update on operational activities on the Zharkamys West 1 Territory in Kazakhstan. ...
ICOFC Boosting Oil & Gas Production
Iran >> 3/14/2015 - Iranís Central Oil Fields Company (ICOFC) has decided to raise its oil and gas production in the next Iranian calendar year, as of March 21, by 95 bcm and 75 million barrels respectively. ...
OGpar Informs the Production Numbers for February 2015
Brazil >> 3/13/2015 - Ogpar and OGX inform the market that its production for February 2015 reached a total of 357,968 barrels of oil, of which 275,834 of barrels reflect the Tubarao Martelo Field production and 82,133 of ...
Petrobras Starts-up Early Production System on Buzios Field
Brazil >> 3/12/2015 - Petrobras announces the start-up of the early production system at Buzios Field, Santos Basin. This will be the first large scale and longest-running production at the Transfer of Rights area and will...
Husky Has Started Oil Production at the Sunrise Energy Project
Canada >> 3/11/2015 - Husky Energy has started oil production at the Sunrise Energy Project in northern Alberta. ...
Azerbaijan's Oil Output Seen Down 4% In 2015
Azerbaijan >> 3/11/2015 - Azerbaijan is likely to cut oil production by 4 percent to 40.3 million tonnes (806,000 barrels per day) this year while keeping gas output unchanged, a senior official at the state energy company SOC...
KOGPC Meets 100.2 % of Production Target
Iran >> 3/10/2015 - Karoun oil & gas producing company (KOGPC) has met 100.3 % of its scheduled production target by the end of first six month of the current Iranian calendar year. ...
Premier Oil Starts First Gas Production from the Pelikan Field
Indonesia >> 3/10/2015 - Premier is pleased to announce that gas production from the Pelikan field in the Natuna Sea Block A offshore Indonesia commenced on 9 March 2015. This follows first gas from the Naga field, also on Na...
Iran to Hit 200bn Cubic Meters of Gas Production
Iran >> 3/9/2015 - A National Iranian Gas Company official has announced the countryís gas production will reach over 200 billion cubic meters by mid-March, setting a record in Iranís gas production history. NIGC dispat...
OER Commences Production at the Qua IboeFfield
Nigeria >> 3/9/2015 - Oando Energy Resources Inc. (OER) completed all civil and pipeline works associated with the Qua Iboe field, and associated crude delivery and sales infrastructure, with commercial production at 2,150...
Oil Production from Azar Oilfield Successful
Iran >> 3/9/2015 - The operator of Azar oil field announced that the trial withdrawal of oil from the field has been successfully carried out. ...
Qinhuangdao 32-6 Comprehensive Adjustment Project Commences Production
China >> 3/9/2015 - CNOOC Limited announced that its Qinhuangdao 32-6 comprehensive adjustment project has commenced production. The Qinhuangdao 32-6 oilfield is located at the central north of Bohai Bay with an average ...
Iran Oil Production Capacity at 4mb/d
Iran >> 3/4/2015 - The Managing-director of the National Iranian Oil Company (NIOC) said Iranís crude oil production capacity stands at 4 million barrels a day. ...
Gas Draw from Serajeh Facility hits 735 mcm
Iran >> 3/4/2015 - As much as 735 mcm of gas have been withdrawn from Serajeh gas storage facility over the past 110 days for injection to gas network. ...
Brazil Produced above 3 million boepd for 2nd Month
Brazil >> 3/3/2015 - Brazil produced more than 3 million barrels of oil and equivalent natural gas a day (boepd) for the second straight month in January, 20 percent more than a year earlier, as the country benefited from...
Expiry of Ukrainian Gas Sales Restrictions & JKX Oil & Gas Returns to Full Production
Ukraine >> 3/2/2015 - JKX announces that that it has received confirmation from the Ukrainian state gas distributor that 100% of its nominations for March delivery of gas to industrial customers have been accepted. The Com...
Primeline Show Increase in Cash & Cash Equivalents to CAD$24.5 Million
China >> 3/2/2015 - Primeline Energy Holdings Inc. announced that it has filed its unaudited quarterly financial statements relating to the three and nine month periods ended December 31, 2014. The financial disclosure a...
Power Plants Take 47 bcm of Gas
Iran >> 2/24/2015 - The National Iranian Gas Companyís (NIGC) official announced that the company has delivered about 47 bcm of gas to power plants so far this Iranian calendar year since March 21 2014. ...

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