Production News
Rigzone.com: Production News
The latest oil and gas news from around the world.
Kuwait to Resume Oil Output in Area Shared With Saudis
Khafji was shut down in 2014 after a spat between the neighbors.
Read moreUS Shale Suffering From Sustained Contraction
Slower output growth would have global ramifications, given additional US barrels are forecast to account for most of the increase in 2020 worldwide supply.
Read moreUS Calls for Immediate Resumption of Libya Oil Output
The U.S. embassy in Libya called Tuesday for an immediate resumption of oil production.
Read moreLibya Oil Production Plunges
Libya's eastern warlord kept virtually all of the nation's oil fields shut in a show of defiance after world leaders failed to persuade him to sign a peace deal.
Read moreIEA Says Iraq Oil Supplies Vulnerable
Oil supplies from Iraq are 'potentially vulnerable' amid rising political risks in the country and the broader region, the International Energy Agency warned.
Read moreNorway Offers 69 Production Licenses in APA 2019
The Norwegian Ministry of Petroleum and Energy has offered 69 production licenses on the Norwegian Continental Shelf as part of its latest licensing round - APA 2019.
Read moreNew Gas Finds Creating Opportunity in West Africa
It is expected that many of the gas discoveries will help displace oil as a source of more sustainable fuel in the regional mix.
Read moreExperts Insist Permian Output is Approaching a Peak
Over the past five years, has the industry and its investors mistaken a massive structural change for a simple cyclical event?
Read moreSapuraOMV Achieves First Gas from Larak Field Offshore Malaysia
SapuraOMV Upstream has achieved within budget first production from its Larak gas field offshore Malaysia under the SK408 Production Sharing Contract (PSC).
Read moreGulf of Mexico Hits Record Daily Production
The U.S. Gulf of Mexico made history in August as it exceeded oil production of 2MMbopd, according to the U.S. Bureau of Safety and Environmental Enforcement.
Read moreThis Isn't Your Father's Oil and Gas Rig Count
The industry's advance beyond the rig count indicating production growth has complicated things for forecasters.
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