Production News
Rigzone.com: Production News
The latest upstream oil and gas news from around the world.
Mexican Government Raises Pemex Deductions To Continue Oil Output
Mexico's finance ministry says Pemex will be allowed to deduct more costs for developing some projects so the firm can maintain production.
Read moreLibya Gets Better at Keeping Oil Flowing as Industry Stabilizes
Libya's getting better at resolving stoppages in its oil industry, underpinning a growing perception that the OPEC member is closer to becoming a stable producer again.
Read moreNigeria State Oil Firm Says Its Production Costs Cut To $23 A Barrel
Nigeria's production cost per barrel of crude oil is down to $23, the state oil company says.
Read moreEIA: US Crude Stockpiles Fall The Most In Nearly A Year
US crude oil inventories fell for the seventh consecutive week in their largest drawdown in nearly a year.
Read moreLibya's Oil Output Boosted as Port Reopens, Field Pumps More
Libya's biggest oil field, Sharara, is increasing production.
Read moreProtesters Drag Shell Niger Delta Oil Facility Shutdown Into Fifth Day
Protesters on Tuesday dragged the shutdown of a Shell crude oil facility in the Niger Delta into its fifth day.
Read moreStandard Bank Seeks to Raise $3 Billion for Ugandan Oil Pipeline
Standard Bank Group Ltd.'s Ugandan unit plans to raise $3 billion for a crude pipeline by the second half of next year.
Read moreGas Starts Flowing from BP's New Fields Offshore Trinidad and Australia
BP has started producing gas from two new projects offshore Trinidad and Tobago and Australia, the company said, further boosting output that is helping the company to turn a corner after a bruising market downturn.
Read moreHundreds Of Protesters Storm Shell Oil Facility In Niger Delta
Hundreds of Nigerians stormed a crude oil facility and gas plant owned by Shell in the Niger Delta.
Read moreNorth Dakota Oil Production Slips About 1% In June
North Dakota's daily oil production slips about 1% in June.
Read moreJapan's Cosmo Expects Abu Dhabi's Hail Oilfield Startup In October
Japan's Cosmo Energy Holdings says the offshore Hail oilfield in Abu Dhabi is set to start production in October.
Read morePetrochina's Refinery, Gas Fields And Pipelines Unaffected By Sichuan Quake
Petrochina's Refinery, Gas Fields And Pipelines Unaffected By Sichuan Quake
Read moreInnovate, Cut Costs: How A Russian Oil Firm Navigates Global Supply Curbs
A global deal cutting crude output has forced Tatneft to curb flows at some fields, leaving it with lower revenues but little relief from maintenance and running costs.
Read moreOPEC Expects Laggards To Comply More Fully With Oil Cut Pact
OPEC expects greater adherence to its pact with non-OPEC producers to cut oil output after two days of meetings in Abu Dhabi aimed at boosting compliance with the accord.
Read moreLibya's Largest Oil Field 'Back to Normal' After Disruption
Libya's biggest oil field Sharara is 'back to normal' after a disruption caused by protests in the politically fragmented country, the state National Oil Corp. says.
Read moreIraq's Kirkuk Province Spurns Plan to Ship Its Oil to Iran
Kirkuk refuses to cooperate with any plans to ship its oil to neighboring Iran because the central government didn't consult with it on the matter, Kirkuk provincial officials said.
Read moreRising Gas Output Drags Down Shares Of US Shale Leader Pioneer
Shares of Pioneer Natural Resources Co plunged after the US shale producer cut its oil-production growth forecast and said it would pump more natural gas this year, spooking investors.
Read moreRiverstone Unit Acquires SCOOP/STACK/MERGE Pipeline, ROW
Mainline Midstream, LLC has acquired more than 1,000 miles of oil and gas pipeline and rights of way (ROW) in the SCOOP/STACK/MERGE resource play.
Read moreCentrica To Produce 30 Bcf Of Gas From Rough Site By 1Q 2018
Centrica said it expects to produce up to 30 billion cubic feet (bcf) of gas from its Rough gas storage site by the first quarter of next year.
Read moreFars News Agency: Maersk Sees Up To 140,000 Bpd Potential For Iran Field
Maersk Oil has estimated potential output for the second phase of Iran's South Pars oil deposit at 120,000-140,000 barrels of oil per day, Fars News Agency reports.
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