Production News

Potential Daily Deliverability of UGS System Hits Record High of 801.3 Million Cubic Meters
Russia >> 10/26/2016 - The Gazprom Management Committee reviewed the readiness of the Unified Gas Supply System (UGSS) facilities for operation at peak loads in the 2016–2017 autumn/winter period and took note of the measur...
Repsol Extends Caipipendi Block Contract Until 2046
Repsol Extends Caipipendi Block Contract Until 2046 Bolivia >> 10/26/2016 - The President of the Plurinational State of Bolivia, Evo Morales, and Repsol Chairman Antonio Brufau led the signing ceremony of an extension of the production contract in the Caipipendi area, in the ...
Lukoil Begins Commercial Production at Pyakyakhinskoye Field
Russia >> 10/25/2016 - LUKOIL started commercial production at the Pyakyakhinskoye oil and gas condensate field in the Yamal-Nenets Autononous District. The official ceremony was attended by Deputy Prime Minister of the Rus...
Offshore Production Nearly 30% of Global Crude Oil Output in 2015
Saudi Arabia >> 10/25/2016 - Global offshore oil production (including lease condensate and hydrocarbon gas liquids) in 2015 was at the highest level since 2010, and accounted for nearly 30% of total global oil production. Offsho...
Statoil Restarts Output at Statfjord A Platform after Fire
Norway >> 10/24/2016 - Production at Statoil's Statfjord A oil platform in the North Sea has restarted after it was shut due to a fire on Oct. 16, the company said. "Production has resumed at Statfjord A since Friday mornin...
Egypt Chases Own Energy Sources as Government Struggle to Meet Demand
Egypt Chases Own Energy Sources as Government Struggle to Meet Demand Egypt >> 10/23/2016 - Egypt will boost production of natural gas to 5 billion cubic feet per day in the 2017-2018 fiscal year as the giant Zohr field comes online, but will still also ramp up gas imports to feed a spike in...
Libya Resumes Output at Key Waha Oil Field
Libya >> 10/18/2016 - Libya resumed production at the Waha oil field last week bringing overall production to 580,000 barrels per day. ...
Norway Sees Lower Production in September
Norway >> 10/18/2016 - Preliminary production figures for September 2016 show an average daily production of 1 591 000 barrels of oil, NGL and condensate, which is a decrease of 344 000 barrels per day (approx. 18 percent) ...
New Monthly Oil & Gas Total Production Record for Brazil
Brazil >> 10/17/2016 - Petrobras announced that total production of oil and natural gas in September was 2.88 million barrels of oil equivalent per day (boed), with 2.75 million boed produced in Brazil and 130,000 boed abro...
Gachsaran Raises Output 40,000bpd
Iran >> 10/17/2016 - According to Managing Director of Gachsaran Oil & Gas Producing Company, crude oil output company's owned hydrocarbon reservoirs have increased by 40,000 barrels per day. ...
Nigeria Expects 22% Jump in Oil Output by End-December
Nigeria >> 10/17/2016 - OPEC member Nigeria expects its oil production rate to jump by 22 percent by the year-end to 2.2 million barrels per day (bpd) from current levels, its oil minister said, adding he hoped a force majeu...
Condor Commences Commercial Oil Production at Taskuduk Field
Kazakhstan >> 10/17/2016 - Condor Petroleum Inc. (CPI) is pleased to announce that commercial oil production has commenced at the Taskuduk oilfield in Kazakhstan.

The production from Taskuduk compliments the Sho...
Crude Oil Production in Oman Drops in September
Oman >> 10/15/2016 - Oman’s crude oil production marginally fell by 0.92 per cent in September to 30.1 million barrels, according to the monthly report issued by the Ministry of Oil and Gas. ...
MOGPC Output Goes up 21%
Iran >> 10/15/2016 - According to Managing Director of Maroun Oil & Gas Producing Company, MOGPC’s total output has increased by 21% during the first half of the current calendar year which began on March 20. ...
Iran Joint Field Gas Extraction to Equal Qatars
Iran >> 10/14/2016 - The minister said that since phases 12, 15 and 16 and part of phases 17 and 18 are operational and the remaining part of phases 17, 18 and 19 (equal to two standard phases), as well as phases 20 and 2...
Onshore Plant Delivers Giant Kashagan Field’s Oil
Kazakhstan >> 10/14/2016 - Eni announces that the first batch of export crude oil has been shipped from the onshore processing plant of the giant Kashagan oil field. Following the successful pipelines replacement, the field has...
Kuwait Energy Starts Oil Output at Faihaa-2 Well in Basra
Kuwait >> 10/13/2016 - Kuwait Energy Plc said that it had started commercial oil production at the Faihaa-2 well in the Block 9 concession of Basra governorate in southern Iraq. ...
Rosneft Says No to Opec Ooil Freeze
Russia >> 10/11/2016 - Rosneft boss Igor Sechin said his company will not cut or freeze oil production as part of a possible agreement with Opec. ...
Rosneft to Boost Positions in the Turkish Oil Products Market
Turkey >> 10/10/2016 - Rosneft, Petrocas Energy and Demiroren Group signed within the World Energy Congress Heads of Terms on cooperation and the supply of petroleum products to Turkish market. ...
Rosneft & SOCAR Turkey Enerji AS Signed a Heads of Terms on Oil and Oil Products Supply
Russia >> 10/10/2016 - Rosneft and SOCAR Turkey Enerji AS signed at the World Energy Congress a Heads of Terms on oil and petroleum products supply. ...

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