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Production News

Yadavaran Output to Reach 85,000 b/d
Iran >> 3/9/2014 - Yadavaran oil field is expected to be producing 85,000 b/d later this year, managing-director of Petroleum Engineering and Development Company (PEDEC) said. ...
Imam Khomeini Refinery Starts Production of Eruo-4 Gasoil
Iran >> 3/9/2014 - Imam Khomeini oil refinery in Shazand near Arak city has started production of euro-4 gasoil officially, managing director of the National Iranian Oil Refining And Distribution Company (NIORDC), Abbas...
Petrobras 2013 Results, New Pre-salt Record
Brazil >> 3/6/2014 - Petrobras announces that its pre-salt fields operated by the Company, on February 27th, produced 412,000 barrels of oil, a new daily production record. ...
PDVSA to Boost Orinoco Oil Belt Production
Venezuela >> 3/6/2014 - Petroleos de Venezuela, S.A. (PDVSA) is moving forward with a series of new heavy oil developments in the Orinoco Oil Belt that will allow a significant increase in production, while requiring the dev...
Petrobras Commences Production at Cascade and Chinook
United States >> 3/6/2014 - Petrobras announces that, on March 04th, 2014, production at Cascade and Chinook fields hit 40,000 barrels per day. This figure represents a new production record for the fields, which produce through...
ExxonMobil to Start Production at Record Number of New Oil and Gas Projects in 2014
United States >> 3/5/2014 - Exxon Mobil Corporation expects to start production at a record 10 major projects in 2014, adding new capacity of approximately 300,000 net oil equivalent barrels per day and contributing to profitabl...
Murphy Commences First Oil at Siakap North-Petai (SNP)
Malaysia >> 3/3/2014 - Murphy Oil Corporation announced that first oil production from the Siakap North-Petai (SNP) development offshore Malaysia commenced on February 27, 2014. ...
South Sudan is in Control of Main Fields, Output Steady
South Sudan >> 3/2/2014 - South Sudan's oil production is little changed since last month at 160,000 barrels per day, foreign workers are back at work and the government is in control of the oil fields in the main producing ar...
Iraq Oil Exports Hit Record 2.8 Mln bpd in February
Iraq >> 3/1/2014 - Oil exports from Iraq rose to a record 2.8 million barrels per day (bpd) on average in February, Deputy Prime Minister for energy Hussain al-Shahristani told reporters. ...
Daybreak Commences Production on Gerald Grove H-4 and H-5 Wells
United States >> 2/28/2014 - Daybreak Oil and Gas, Inc, a Washington corporation, is pleased to announce that the Gerald Grove H-4 and H-5 wells in Lawrence County, Kentucky, were placed on production on February 18, 2014. Each w...
Endeavour Provides Operational Update on the Rochelle Field
United States >> 2/26/2014 - Endeavour International Corporation announced that the valve in the Rochelle field that had been stuck in the 'shut' position has now been opened and production is expected to re-commence in the next ...
Heritage Oil Provides an Operational Update on OML 30
Nigeria >> 2/26/2014 - Heritage Oil Plc, an independent upstream exploration and production company, provides an operational update on OML 30, Nigeria, that includes unaudited information and may be subject to further revie...
MOL Cuts Crude Forecasts on Lower Kurdistan Output
Iraq >> 2/26/2014 - Hungarian oil group MOL has cut its crude oil production forecasts mainly due to lower expected output from its fields in the Kurdistan region of Iraq, which had been seen as an important growth drive...
Schlumberger Launches Degradable Alloy Technology to Optimize Well Productivity
United Kingdom >> 2/26/2014 - Schlumberger announced the introduction of the ELEMENTAL* degradable alloy balls for multistage stimulation treatments. The technology demonstrates predictable and complete degradation of the alloy ba...
Hydrocarbon Nationalization Brings Sonatrach to 'Take Up Challenges'
Algeria >> 2/25/2014 - The takeover by Algeria of its hydrocarbon deposits on February 24, 1971, brought the national company Sonatrach to take up the challenges imposed, said Minister of Energy and Mines Youcef Yousfi stre...
Algeria Revises Timetable for Amenas Gas Plant to Resume
Algeria >> 2/24/2014 - Algeria's In Amenas gas plant will be producing at full capacity in months, a government newspaper reported the energy minister as saying, pushing back the expected schedule for a comeback from a viol...
Libya's Oil Production Falls to 230,000 bpd After Oilfield Closure
Libya >> 2/23/2014 - Libya's oil production has fallen to 230,000 barrels a day due to the closure of the El Sharara field following protests, state-owned National Oil Corp (NOC) said. ...
Algeria Energy Faces Terror Risk From Sahara Unrest
Algeria >> 2/22/2014 - Terrorists may target more Algerian energy sites if the government represses protests by Saharan populations and ignores their demands, according to the Combating Terrorism Center at the U.S. Military...
Protesters Shut El Sharara Oilfield in Setback for Government
Libya >> 2/22/2014 - Libya's 340,000 barrels-per-day El Sharara oilfield has been completely shut down since Thursday night due to violent clashes with protesters, the state-run National Oil Corporation said. ...
Force Majeure Lifted on Angola's Plutonio Grade Crude Oil
Angola >> 2/21/2014 - A force majeure on Angola's Plutonio grade of crude oil has been lifted, a spokesman at operator BP said. He said that the force majeure, caused by what the oil major described as a marlin strike, was...

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