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Production News

RPT-Libya's Oil Industry Remains Vulnerable to Protests
Libya >> 7/10/2014 - Libya’s oil industry hopes life will return to normal now that a wave of protests has ebbed, but it will take months to ramp up production and more unrest is in prospect as political chaos spreads in ...
Oil slips to $108 on slack U.S. demand
Libya >> 7/10/2014 - Oil fell to around $108 a barrel on Thursday, extending its longest losing streak in four years, pressured by weak gasoline demand in the United States and the prospect of rising supply from Libya. ...
Algeria Q1 hydrocarbon output up 13.5 pct
Algeria >> 7/10/2014 - Algeria's hydrocarbon output increased by 13.5 percent in the first quarter of 2014 after a 10 percent decline in the same period a year earlier, official figures showed, as new projects came onstream...
Libya's El Sharara Oil Field Restart Another Breakthrough for Tripoli
Libya >> 7/8/2014 - Libya's oil sector took another big step back to normality with the restarting of an oil field that could double its current meager crude output, a week after blockades ended at major ports. ...
Algeria Expects Hydrocarbon Production to Recover by 2017
Algeria >> 7/7/2014 - Algeria’s hydrocarbon production, which has been on a decline since 2010, is expected to recover by 2018 to reach 225 million toe (tonne of oil equivalent), Algeria Press Service (APS) reported Sunday...
DNO Resumes Yemen Production
Yemen >> 7/7/2014 - DNO ASA, the Norwegian oil and gas operator, announced resumption of oil production from Block 32 Howarime and Block 43 South Howarime in the Republic of Yemen. ...
South Pars Phases 15&16 Output to Hit 40 mcm/d of Gas
Iran >> 7/6/2014 - Phases 15&16 of the massive offshore South Pars gas field are expected to be producing 40 mcm/ of gas before the start of winter, managing-director of Pars Oil and Gas Company said. ...
Forouzan Offshore Fields Output to Rise 40,000 b/d
Iran >> 7/6/2014 - Oil production from Forouzan oil field is expected to increase by 40,000 barrels a day by August, the official in charge of the development of the field has said. ...
Algeria Says to Start Production from Six Gas Fields
Algeria >> 7/6/2014 - Algerian state energy group Sonatrach expects to start production from six gas fields with a total capacity of 74 million cubic metres per day in the next three years, the official APS news agency rep...
Beginning of Production in the Third Well of the Tubarao Martelo Field
Brazil >> 7/3/2014 - Oleo e Gas Participaçoes S.A. has begun, the production of the third well in the Tubarao Martelo field, located in the BM-C-39 and BM-C-40 blocks, through the horizontal well TBMT-2HP. The beginning o...
Phase 12 of South Pars Loads 1st NGL Cargo
Iran >> 6/29/2014 - The first cargo of gas condensate has been loaded at Phase 12 of South Pars gas field for exports, managing-director of Iran Oil Terminals Company said. ...
Lukoil Sees Iraq's WQ-2 Oil Output Peaking in 2019
Lukoil Sees Iraq's WQ-2 Oil Output Peaking in 2019 Iraq >> 6/26/2014 - Russia's No.2 crude oil producer Lukoil expects oil production to peak at Iraq's giant West Qurna-2 oilfield in 2019 at 1.25 million barrels per day, a company official said in a presentation. ...
Tap Oil Provides Manora Oil Development Update
Thailand >> 6/26/2014 - Tap Oil Limited provides the following update on the Manora oil development project in the Northern Gulf of Thailand (TAP 30% interest). ...
BP Gas Project Restarted, Pledges to Pay Gas Firm Debts
Egypt >> 6/26/2014 - Egypt's oil minister said on Thursday that BP's $10 billion gas project, stalled for three years, had restarted and that production would begin in 2017, a sign of progress in efforts to ease the worst...
Production Growth Update in Cheleken Contract Area
Turkmenistan >> 6/25/2014 - Dragon Oil plc an international oil and gas exploration, development and production company, publishes an update on the guidance for the 2014 gross annual production growth in the Cheleken Contract Ar...
DNO Updates Yemen Operations
Yemen >> 6/24/2014 - DNO ASA, the Norwegian oil and gas operator, announced that its wholly-owned subsidiary DNO Yemen AS ("DNO") has issued force majeure notices to Yemen's Ministry of Oil and Minerals for Block 32 Howar...
Libya's Oil Output Around 270,000 bpd, Hariga Still Closed
Libya >> 6/24/2014 - Libya is currently producing around 270,000 barrels of oil, a spokesman for state-owned National Oil Corp (NOC) said. ...
Libya's El Feel Pumps 95,000 bpd, Lifts National Output to 270,000 bpd
Libya >> 6/22/2014 - Libya's western El Feel oilfield currently produces 95,000 barrels a day, lifting the country's oil production to around 270,000 bpd, a spokesman for state-run National Oil Corp (NOC) said. ...
Eni Achieved the 25 thousand bpd Production Milestone at Nikaitchuq Field
United States >> 6/19/2014 - Eni has achieved the important production goal of 25,000 barrels of oil per day at the Nikaitchuq field, in which the company is operator with a 100% interest. The field, located offshore the North Sl...
Successful Commissioning of Production at Demir
Iraq >> 6/18/2014 - Oryx Petroleum Corporation Limited announces that it has successfully tested and commissioned the first phase of its production facilities at the Demir Dagh field in the Hawler license area in the Kur...

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