Production News
Rigzone.com: Production News
The latest oil and gas news from around the world.
NOPSEMA OKs Shell Crux Proposal
NOPSEMA has accepted an Offshore Project Proposal from Shell Australia to develop the Crux gas field in the Browse Basin.
Read moreOPEC+ Losing Patience with Iraq
Iraq has come under pressure from Saudi Arabia after failing to meet its production curbs target.
Read moreCanada Oil Sands Output Poised for 41 Percent Increase
IHS Markit anticipates that Canada's oil sands production will grow by nearly 1.1 million bpd.
Read morePermian Execs Signal Milestone
America's most prolific shale drillers are accepting a fate once anathema to an industry obsessed with growth.
Read moreWeatherford Remotely Installs Sakhalin Liner Hanger
Crew restrictions during the COVID-19 lockdown failed to stop the installation. PHOTO SOURCE: Weatherford International plc
Read moreOil Newcomer Guyana Avoids Pariah Status
Guyana's electoral authorities have finally named a president after a five-month constitutional crisis.
Read moreOPEC Gulf Nations Ended Extra Cuts in July
The cartel largely persevered with its strategy to revive the global oil industry.
Read moreSite Works Start at Wressle
Egdon Resources revealed that site works have now commenced at the onshore UK Wressle oil field development.
Read moreOPEC+ Prepares to Pump More Oil
From quiet skies over Europe to sparse traffic in America's biggest cities, a recovery in global oil demand is faltering.
Read moreUKCS Hits Target 3 Years Early
The production efficiency of the UK Continental Shelf has reached 80 percent, three years ahead of target.
Read moreCommissioning Support Contract Goes to Ampelmann
This photo shows Ampelmann's offshore transfer system on the Olympic Taurus W2W vessel. PHOTO SOURCE: Ampelmann
Read morePetrofac Wins Contract for 25 UKCS Wells
Petrofac reported Wednesday that its EPS unit has won a two-year contract from NEO Energy. PHOTO SOURCE: Petrofac
Read moreSpirit Extends Life of North Sea Field
Spirit Energy revealed Wednesday that its York gas field in the Southern North Sea has been given an additional three years of life.
Read moreProduction Starts from Egypt Oil Discovery
Eni S.p.A. reported Tuesday an oil discovery in the South West Meleiha Concession in Egypt’s Western Desert.
Read moreOil Market Awaits North America Rebound
Check out this review of oil market hits and misses for the week ending July 24, 2020.
Read moreWeatherford Wins $15MM Argentina Contract
A major independent operator in Argentina has awarded Weatherford International a two-year contract.
Read moreFrac is Back
U.S. fracking is set for its first monthly rise this year, according to a new Rystad Energy analysis.
Read moreChevron Powering Oil Pumps with Solar Panels
In California's sun-drenched Kern Valley, Chevron Corp. has found a way to use one of the state's clean-energy programs to cut costs.
Read moreWest Africa FPSO Contract Extended
BW Offshore reported that it has secured a one-year contract extension.
Read morePutin Eyes Mexico Hedge Approach
The Mexican oil hedge helped the country receive massive windfalls in every downturn over the last 20 years.
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