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.
Read moreIs 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.
Read moreBiden Keystone XL Snub Props Up Crude-by-Rail
Oil exports by rail from Canada have more than tripled since July.
Read moreOxy 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.
Read moreWell Plugging Starts in Pioneering North Sea Field
Plugging operations began last month in conjunction with the planned shutdown of the Veslefrikk field. PHOTO SOURCE: Øyvind Hagen/Equinor
Read moreNeptune 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.
Read moreSaipem Bags $1.7B Contract with Qatargas
Saipem has received a letter of award for the development of the North Field Production Sustainability Offshore Project.
Read moreTotal Awards North Sea Services Contract
Total's Alwyn platform in the UK North Sea. PHOTO SOURCE: Total E&P UK Limited
Read moreArctic Blast Recovery to Command Market Attention
Check out this preview of trends to watch this week in the oil and gas markets.
Read moreMexico Gas Shortage Hits Automakers
Japan's three biggest automakers are halting some operations in Mexico amid a shortage of natural gas in the country.
Read moreKremlin Could Get $33B Windfall from Higher Oil Prices
It would give Putin the financial wherewithal to help head off growing public discontent.
Read moreWells 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.
Read moreUS 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.
Read moreCould 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.
Read moreJerry Jones' Comstock Hits Haynesville Jackpot
The natural gas producer owned by Dallas billionaire Jerry Jones is cashing in on a surge in prices.
Read moreTexas 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.
Read moreSaudi 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.
Read moreOil 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.
Read moreGas Trades at $999 at Oklahoma Hub
Production of gas in the Lower 48 states has plummeted to a three-year low.
Read moreUS 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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