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Production News

Libya Hopes to Restart Oil Production at Major Field
Libya >> 1/2/2014 - Libya hopes it can restart production at one of its largest oil fields, El Sharara, operated by Repsol SA, in two to three days after protesters agreed to end their two-month stoppage of the facility,...
Indonesia 2014 LNG Output to Rise Nearly 6 Pct
Indonesia >> 1/2/2014 - Indonesia's output of liquefied natural gas is expected to rise nearly 6 percent in 2014, although exports by the world's No.5 exporter of the super-cooled fuel will hold steady, its energy regulator ...
Algerian O&G Promises Return to Form, Placing Blame Elsewhere
Algeria >> 12/31/2013 - Algeria’s state-backed energy company brought a troubling year to a close with a bit of good news this week. After years of declining output and dwindling interest from foreign firms, the energy-rich,...
Oil and Natural Gas Output up by 1.2% in November
Brazil >> 12/30/2013 - Petrobras announces that in November, Petrobras’ total oil and natural gas output in Brazil was 2,342,000 barrels of oil equivalent per day (boed), up 1.2% from the 2,315,000 boed extracted a month ea...
Algerian Oil, Gas Output Set to Rise in Next 5- Years
Algeria >> 12/28/2013 - Algeria's oil and gas production is expected to increase in the coming five years, reversing the decline in volumes seen in recent years, according to state oil and gas company Sonatrach. ...
Libya says oil production reaches 250,000 bpd
Libya >> 12/27/2013 - Libya's oil production was at 250,000 barrels per day as of December 25, according to an oil ministry statement on Thursday and carried by the state news agency LANA, and while that is up slightly fro...
Brent Hits 3-Week High Above $112 on Africa Supply Cut
Libya >> 12/26/2013 - Brent crude rose above $112 a barrel, touching a three-week high, as civil unrest in Africa reduced supply. ...
Substantial Increase of Algeria’s Hydrocarbon Production
Algeria >> 12/26/2013 - The national hydrocarbon production is expected to increase over the coming five years, CEO of Sonatrach, Abdelhamid Zerguine, affirmed Wednesday in Tiaret (340km west of Algiers). ...
Pertamina to Produce 17 Pct Less LNG in 2014
Indonesia >> 12/23/2013 - Indonesian state-owned energy firm Pertamina will produce 17 percent less liquefied natural gas (LNG) in 2014, a company official said, reflecting an overall decline in gas production at the world's f...
Promising Petroleum and Gas Discoveries in Kuwait
Kuwait >> 12/21/2013 - Kuwait has promising petroleum and gas discoveries that will increase its production and reserves according to the strategy of Kuwait Petroleum Corporation (KPC) 2030, said Kuwait's Deputy Prime Minis...
Repsol Starts up the Largest Gas Well in the History of Bolivia
Bolivia >> 12/20/2013 - Repsol has begun production at the Margarita 6 well in the south of Bolivia which, with six million cubic metres of gas a day, is the most productive well in the history of the country and of the whol...
BG Starts Production from Itau Phase II in Bolivia
Bolivia >> 12/19/2013 - BG Group announced the start of commercial gas production from the second phase of the Itau development in Bolivia, marking the delivery of the final key milestone set for the Group in 2013. ...
RWE Starts Production from Orca Gas Field
United Kingdom >> 12/18/2013 - The Orca field will be developed by drilling three wells in total. The first two development wells have been drilled and completed in 2013. The third producer is currently being drilled and is expecte...
Pacific Rubiales Targets Oil & Gas Output Growth of 15-20%
Colombia >> 12/18/2013 - Pacific Rubiales Energy Corp, the largest private oil producer in Colombia, said it is targeting 15-20 percent growth in production in 2014. The Toronto-based company also said spending on exploration...
OGX Produce from 2 more Wells by May
Brazil >> 12/17/2013 - Brazil's Petroleo e Gas Participacoes SA, controlled by former billionaire Eike Batista, said it will likely start producing from two more wells in its offshore Tubarao Martelo field in April and May....
Eni Production in Libya at 242,000 Boepd
Libya >> 12/16/2013 - Italian oil and gas major Eni's production in Libya is currently running at 242,000 barrels of oil equivalent (BOE) per day, Chief Executive Paolo Scaroni said. ...
FX Energy Reports Production Started at Lisewo Gas Facility
Poland >> 12/12/2013 - FX Energy, Inc reported that the Lisewo gas facility in Poland is now producing gas. Gas produced at the Lisewo-1 well is the first to be processed from the new facility. The Lisewo-1 well initial rat...
OGX Starts Output from Second Tubarao Martelo Well
Brazil >> 12/9/2013 - Brazil's Petroleo e Gas Participacoes SA, controlled by former billionaire Eike Batista, started oil production from a second well in its Tubarao Martelo offshore field, according to a regulatory fili...
Tethys Provides Production Update in November 2013
Oman >> 12/9/2013 - Tethys’ share of the production, before government take, from Blocks 3 and 4 onshore the Sultanate of Oman amounted in November 2013 to 152,838 barrels of oil, corresponding to 5,095 barrels of oil pe...
Libya Producing 250,000 bpd Oil, Needs New Buyers
Libya >> 12/7/2013 - Libya needs to find new oil buyers after a drop in output to 250,000 barrels per day (bpd) due to protests has led to an increase in competition from Algeria and Nigeria, Oil Minister Abdelbari al-Aru...

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