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Production News

Bashneft Starts Oil Production as Part of T&T Project
Russia >> 8/27/2013 - Bashneft-Polyus, a joint venture of JSOC Basneft and OJSC Lukoil, has started pilot production at the R. Trebs and A. Titov fields in the Nenets Autonomous District. By the end of 2013, production vol...
Beach Discoveres Oil in El Salmiya-2 in Abu Sennan
Egypt >> 8/26/2013 - Beach Energy Ltd ("Beach"), together with its main partner, the Egyptian General Petroleum Corporation (EGPC), advises that the operator of its Abu Sennan concession in the Western Desert in Egypt, Ku...
Iran to Extract 50,000bpd from Joint Oilfield with Iraq
Iran >> 8/24/2013 - Iran has started developing the South Yaran oilfield, which is shared with Iraq, aiming to extract 50,000 barrels of oil per day from the field, the Fars News Agency reported. ...
Iran Seeks Quick Launch of Five South Pars Phases
Iran >> 8/24/2013 - “We have special focus on commissioning phases 12, 15, 16, 17 and 18 of South Pars, and we will utilize all available equipment and capacities to bring these phases on stream as soon as possible,” Zan...
Apache's Egypt Quandary Symbolizes Tough Business Call
Egypt >> 8/23/2013 - Apache Corp faces a difficult choice in Egypt: whether to sell its substantial oil and natural gas operations in the country or wait out the recent bloodshed. ...
Iran Can Raise Oil Output by 1mb/d in 3 Months
Iran >> 8/20/2013 - A senior director at the National Iranian Oil Company (NIOC) says Iran can raise its oil production by at least one million barrels a day within three months. ...
50 bn Barrels Potential Oil Reserve in Oman
Oman >> 8/15/2013 - The Sultanate’s potential oil reserves are estimated at 50 billion barrels, of which 5 billion barrels are ready for production, said Nasser bin Khamis al Jashmi, Under-Secretary of the Ministry of Oi...
LGO Reduced Royalty Rates in Goudron Filed
Trinidad and Tobago >> 8/14/2013 - LGO announces that it has successfully concluded an agreement with the Petroleum Company of Trinidad and Tobago Limited ("Petrotrin") to reduce substantially the overriding royalty rates associated wi...
Tethys Provides Production Update in July 2013
Oman >> 8/6/2013 - Tethys’ share of the production, before government take, from Blocks 3 and 4 onshore the Sultanate of Oman amounted in July 2013 to 139,998 barrels of oil, corresponding to 4,516 barrels of oil per da...
LGO Restored Icacos Field Production
Trinidad and Tobago >> 8/5/2013 - LGO announces that production has been fully restored from existing wells and has been enhanced by the reactivation of a previously dormant well at the Icacos Field (LGO 50%, non-operator). ...
Second Well Pad Begins Producing Oil at Novoport Field
Russia >> 8/2/2013 - The first well has come on-stream at the second multiple well pad at Novoport field. Its daily flow rate has exceeded 400 tons of oil obtained via natural drive. The well is horizontal, and the drilli...
Canacol Energy Ltd. Provides Production Update
Colombia >> 8/2/2013 - Canacol Energy Ltd is pleased to provide an update of its Corporate production from Colombia and Ecuador. For the month of July 2013, average net Corporate production before royalties was approximatel...
Oil & Gas Production in Brazil up by 4.8% in June
Brazil >> 7/31/2013 - Petrobras, announces that the oil output (oil plus natural gas liquids - NGL) of all of Petrobras’ fields in Brazil was 1,979 thousand barrels per day (bpd), volume 4.6% higher than May (1,892 thousan...
Band-e Karkheh Oilfield to Produce 7,500 bpd
Iran >> 7/29/2013 - The executive manager of the Development Project of Band-e Karkheh Oilfield said, the objective of this project is drilling of two appraisal wells and work-over of one well to reach an early productio...
Production Commences from Otway Gas Project's Geographe Field
Australia >> 7/29/2013 - Origin Energy Limited (Origin), on behalf of the VIC/L23 Joint Venture, announced the commencement of production from Otway Gas Project's newly developed Geographe gas field in Bass Strait following c...
PA Resources Commences Production from Alen Field
Equatorial Guinea >> 7/25/2013 - PA Resources advises the commencement of production from the Alen field in Equatorial Guinea where the company holds a 0.285% unitised interest. ...
Shell to Boost Deepwater Production in Brazil
Brazil >> 7/22/2013 - Shell, and its partners, are expecting to boost production with two new deepwater projects at Parque das Conchas (BC-10) and the Bijupira/Salema fields. ...
Amerisur Provides Operational Updates on Colombia
Colombia >> 7/16/2013 - Amerisur Resources Plc, the oil and gas producer and explorer focused on South America, is pleased to announce an update on its operations in the Platanillo field, Colombia. ...
Dana Gas Announces its Production in Egypt
Egypt >> 7/16/2013 - Dana Gas PJSC, the Middle East's leading regional private sector natural gas company, announces that it has achieved record production in 2013 in Egypt of 39,000 barrels of oil equivalent per day, inc...
Eni Signs Amendment to the Zubair Field Contract
Eni Signs Amendment to the Zubair Field Contract Iraq >> 7/15/2013 - Eni has signed with South Oil Company and the Iraqi Ministry of Oil an Amendment to the Technical Service Contract for the development of the Zubair Oil Field. ...

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