Production News
Big Oil Turns To Big Data To Save Big Money On Drilling
In today's U.S. shale fields, tiny sensors attached to production gear harvest data on everything from pumping pressure to the heat and rotational speed of drill bits boring into the rocky earth.
Read moreIraq's Oil Exports In June Near May Level, Oil Minister Says
Iraq's oil exports from fields owned by the central government in Baghdad are at around the same level as in May.
Read moreThailand To Announce Winners For Erawan, Bongkot Gas Fields In Feb 2018
Thailand will announce the winning bids to take over the concessions to operate the Erawan and Bongkot offshore natural gas fields in the Gulf of Thailand in February next year.
Read moreGas Leak at Gjoa
A gas leak occurred late Wednesday at the ENGIE E&P operated Gjoa field, located in the North Sea, according to a company statement.
Read morePoland Suspends Russian Gas Supplies Via Yamal Pipeline Due To Poor Quality
Poland temporarily halted gas deliveries from Russia via the Yamal pipeline due to poor quality of the gas.
Read moreNorwegian Production Declining
Norwegian production is decreasing, according to preliminary output figures released by the Norwegian Petroleum Directorate.
Read moreShell Nigeria Considering Investment In Gas Project In Niger Delta
Shell is considering whether to invest in a gas project in Nigeria's southern Niger Delta energy hub.
Read moreOMV Restarts Work At Tunisian Nawara Gas Project After Blockade Ends
OMV restarts work at its Nawara natural gas project in southern Tunisia.
Read moreAlaska Field Hits 40 Years of Production
The BP-operated Prudhoe Bay oil field in Alaska reaches 40 years of production, generating more than 12.5 billion barrels of oil in the process.
Read moreHess To Sell Permian EOR Assets To Occidental For $600 Million
Hess says it will sell its stake in enhanced oil recovery (EOR) projects in the Permian Basin of West Texas and New Mexico.
Read moreLibya's Oil Output Rises To 885,000 Bpd Following Wintershall Deal
Libya's oil production has risen by over 50,000 barrels per day (bpd) to 885,000 bpd after the state oil firm settled a dispute with Germany's Wintershall.
Read moreTunisia Gas Field Protesters Reach Deal, Production To Restart
Protesters blockading oil and gas fields in southern Tunisia have reached an agreement with the government to end a sit-in and allow production to restart immediately.
Read moreWoodMac: Iraq's 2017 Target for Oil Expansion Within Reach
Iraq's ambition to boost oil-output capacity to a record is "not unrealistic" as the country prepares for the end of OPEC-mandated supply limits, consultants Wood Mackenzie say.
Read moreDrax Says May Convert Coal Units To Run On Gas
British power producer Drax is assessing whether to convert its remaining coal-fired power units to run on gas.
Read moreJX Nippon Starts Gas Production Offshore Malaysia
JX Nippon Oil & Gas Exploration (Malaysia) Limited starts commercial gas production from the Layang field, offshore Sarawak in Malaysia.
Read moreNorway Holds 'Significant Remaining Resources'
Norway's 'significant remaining resources' can create value for the Norwegian society for many decades to come, according to the Norwegian Petroleum Directorate's new report.
Read moreProduction Efficiency on UKCS Rises Again
Production efficiency on the UK Continental Shelf (UKCS) rises for a 4th consecutive year to 73%.
Read moreNorth Dakota's Oil Output Rises 2% In April
North Dakota's daily oil production rose 2% in April as rising crude prices encouraged companies to pump more.
Read moreLibya's NOC, Wintershall Strike Interim Deal To Resume Output
Libya's National Oil Corporation (NOC) and German oil firm Wintershall have agreed an interim deal to resume production.
Read moreStatoil Aims To More Than Triple Brazil Output
Statoil aims to more than triple its production in Brazil and wants to become the sole operator for the entire Carcara discovery.
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