Production News

    Rigzone.com: Production News

    The latest oil and gas news from around the world.

  • Scoop Stack Oil Output Slashed

    Production in Oklahoma's Scoop Stack shale play is forecasted to hit 342,000 barrels of oil per day and 5.8 billion cubic feet per day this month, according to GlobalData's latest report.
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  • Is US Shale No Longer a Threat to OPEC+?

    OPEC and its allies no longer need to be worried about competition for market share from the US, according to Pioneer's CEO.
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  • Biden Keystone XL Snub Props Up Crude-by-Rail

    Oil exports by rail from Canada have more than tripled since July.
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  • Oxy Expects 40% Unused Pipeline Capacity from Permian

    The company's expected 485,000 bpd of Permian oil equivalent production represents just 60% of its committed pipeline capacity.
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  • Well Plugging Starts in Pioneering North Sea Field

    Plugging operations began last month in conjunction with the planned shutdown of the Veslefrikk field. PHOTO SOURCE: √ėyvind Hagen/Equinor
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  • Neptune Starts Gjoa P1 Production

    Neptune Energy announced Tuesday that production has started from the Gjoa P1 development in the Norwegian sector of the North Sea.
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  • Saipem Bags $1.7B Contract with Qatargas

    Saipem has received a letter of award for the development of the North Field Production Sustainability Offshore Project.
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  • Total Awards North Sea Services Contract

    Total's Alwyn platform in the UK North Sea. PHOTO SOURCE: Total E&P UK Limited
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  • Arctic Blast Recovery to Command Market Attention

    Check out this preview of trends to watch this week in the oil and gas markets.
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  • Mexico Gas Shortage Hits Automakers

    Japan's three biggest automakers are halting some operations in Mexico amid a shortage of natural gas in the country.
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  • Kremlin Could Get $33B Windfall from Higher Oil Prices

    It would give Putin the financial wherewithal to help head off growing public discontent.
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  • Wells Restarting in Texas

    The Texas oil patch is slowly restarting wells after a deep freeze that swept through the region shut a record amount of US crude output.
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  • US Sees Largest Production Disruption Ever

    The recent disruption in U.S. oil production, which has been caused by extremely cold weather, is the largest on record, Rystad Energy's head of oil markets Bjornar Tonhaugen has outlined.
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  • Could Non-US Oil Regions Benefit from Biden Policy?

    Rigzone talks to experts to find out if non-U.S. oil regions could benefit from Biden's policy.
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  • Jerry Jones' Comstock Hits Haynesville Jackpot

    The natural gas producer owned by Dallas billionaire Jerry Jones is cashing in on a surge in prices.
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  • Texas Freeze Rippling into Global Oil Market Shock

    More than 4 million barrels a day of output -- almost 40% of US crude production -- is now offline, according to traders and executives.
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  • Saudi Official Urges More OPEC+ Caution

    Saudi Arabia urged fellow members of the OPEC+ oil alliance to remain cautious as they prepare to consider further output increases.
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  • Oil Holds as Freeze Halts Third of US Output

    Oil held gains after surpassing $60 a barrel for the first time in a year as a cold snap and power crisis took out a third of U.S. crude production.
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  • Gas Trades at $999 at Oklahoma Hub

    Production of gas in the Lower 48 states has plummeted to a three-year low.
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  • US Oil Production Falls 2MM+ Barrels a Day

    Two million barrels would be the equivalent of about 18% of overall U.S. crude production, based on the most recent government data.
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