Production News
Rigzone.com: Production News
The latest upstream oil and gas news from around the world.
Encana Calls End to Permian Race as Focus Turns to Output
Investors will focus on how profitably companies are able to produce from their current holdings, Suttles says.
Read moreIraq Aims To Double Kirkuk Oil Output Capacity To More Than 1 MMbpd
Iraq plans to contract a foreign oil company to almost double the oil production capacity of the northern Kirkuk fields.
Read moreIraqi Forces Seize Oil City Kirkuk From Kurds In Bold Advance
Iraqi government forces captured the major Kurdish-held oil city of Kirkuk, responding to a Kurdish referendum on independence.
Read moreWeak Alberta Gas Prices To Hurt Producer, Provincial Revenues
Western Canadian natural gas prices have been stuck at historically weak levels since summer due to prolonged pipeline maintenance.
Read moreOPEC Is Said to See Oil Inventory Glut Finally Gone in One Year
OPEC expects its efforts to clear the surplus in oil inventories to finally succeed by the end of the third quarter of next year, say people familiar with the group's internal forecasts.
Read moreIEA: China's Crude Oil Buying Spree Looks Set To Continue
China has built its crude oil stockpiles at a record pace in 2017 and inventories could hit the billion-barrel mark in six months, IEA says.
Read moreBSEE: About 32.7% US Gulf Oil Output Offline Due To Hurricane Nate
About 32.7% of US Gulf of Mexico oil production is offline in the aftermath of Hurricane Nate.
Read moreOPEC Again Raises Demand Forecast For Its Oil, Points To 2018 Deficit
OPEC forecast higher demand for its oil in 2018 and said its production-cutting deal with rival producers was getting rid of a glut.
Read moreHow Deep Will Saudi Cut Its Oil Output? To the Lowest Since 2015
Saudi Arabia has promised to do 'whatever it takes' to end the global oil gut.
Read moreExxonMobil Says Julia, Hadrian South Operations Back To Normal After Nate
ExxonMobil resumes normal operations at its Julia and Hadrian South subsea production systems.
Read moreKinder Morgan Canada Kills Request Linked to Trans Mountain Pipeline
Kinder Morgan Canada Ltd on Friday withdrew its request to install anti-fish-spawning mats in construction areas for its embattled Trans Mountain pipeline expansion.
Read moreIraq's Talks with Exxon on Southern Oilfields in Final Stages-Minister
Iraq's talks with Exxon Mobil to develop a multi-billion-dollar project to boost output from several southern oilfields are nearing completion, oil minister Jabar al-Luaibi said on Monday.
Read moreSaudi Says "Flexible" on Russian Idea to Extend Oil Cuts to End-2018
Saudi Arabia made no firm pledge to extend a deal between OPEC, Russia and other producers on cutting supplies but said it was "flexible" regarding Moscow's suggestion to prolong the pact until the end of 2018.
Read moreLibyan Oil Output Is Set to Rebound as Biggest Field Restarts
Libya's oil output is on track to resume its recovery as the OPEC nation's biggest crude deposit started pumping after a three-day forced halt.
Read morePutin Says Oil Pact With OPEC May Be Extended to End of 2018
President Vladimir Putin said Russia is open to extending a deal with OPEC to curb oil supplies to the end of 2018.
Read moreIraq Hopes To Resume Production From Nineveh Oil Fields In Coming Months
Iraq Hopes To Resume Production From Nineveh Oil Fields In Coming Months
Read moreEngineer: Libya's Sharara Oilfield Still Shut Due To Action By Armed Brigad
Libya's giant Sharara oilfield remained closed on Tuesday morning, two days after an armed brigade shut it down over salary claims and other demands.
Read moreLibya Oil Output Drops to 5-Month Low on Biggest Field Halt
Libya's oil production slumps to a five-month low.
Read moreOPEC Oil Output Climbed in September as Libya, Nigeria Recover
OPEC nations pumped slightly more crude in September as Libya's biggest oil field returned to production.
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