Production News

    Rigzone.com: Production News

    The latest oil and gas news from around the world.

  • 85 Percent of US GOM Oil Output Offline

    The BSEE has estimated that, as of Thursday, approximately 84.8 percent of the current oil production in the U.S. Gulf of Mexico has been shut-in.
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  • Repsol Seeks Contract for Canadian Crude

    The Spanish company has typically sourced heavy crude supplies from Latin America and has been the biggest buyer of Mexican crude in 2020.
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  • Biden Win Could Create Iran Headache for OPEC

    For fragile oil markets, the outcome of next week's US election poses yet another risk: the prospect that major producer Iran may regain its role in international trade.
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  • The Latest on the Resurgence of Libya's Oil Sector

    Libya's energy industry reached a milestone over the past week with the reopening of the last of its oil fields and ports following a truce in a years-long civil war.
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  • Zeta Almost Halves US GOM Oil Output

    Around 49.45 percent of oil production in the U.S. Gulf of Mexico has been shut-in due to Tropical Storm Zeta.
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  • Zeta Knocks Out 16 Percent of US GOM Oil Production

    Almost 16 percent of oil production and six percent of gas production in the U.S. Gulf of Mexico has been shut in as a result of Tropical Storm Zeta.
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  • BP Achieves First Gas from Offshore Egypt Field

    The Qattameya field is tied back to existing Ha’py and Tuart infrastructure. PHOTO SOURCE: BP
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  • Libya Reopens Last Major Oil Field

    Libya is set to restart the last of its major oil fields following a ceasefire in its civil war.
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  • Alberta Ends Oil Sands Production Experiment

    Alberta's two-year experiment with OPEC-style crude production curbs is coming to an end.
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  • Nigeria Crude Continues to Flow Amid Unrest

    Escalating tensions sweeping through Nigeria haven't yet disrupted crude flows from Africa's biggest oil producer in any meaningful way.
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  • Putin Signals Openness to Delaying OPEC+ Output Hike

    It's the latest sign the alliance could restrain crude output for longer.
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  • Terrorists Strike Near Tanzania Gas Fields

    Islamic State claimed the Oct. 14 attack, according to an organization that monitors jihadist activity.
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  • OPEC+ Taper Delay Now the Base Case

    Analysts at Standard Chartered have revealed that a delay in the tapering of OPEC+ cuts is now their base case.
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  • Can Libya Sustain Its Oil Comeback?

    After years of setbacks and false starts, Libya is back in the oil game.
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  • Fluor Unit Wins Peru Pipeline Contract

    Fluor's Stork subsidiary will provide pipeline maintenance services under a consortium. PHOTO SOURCE: BusinessWire
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  • Official Says Russia to Wait on OPEC+ Decision

    Russia won't be making any decisions about the future of OPEC+'s production cuts before next month's meeting.
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  • Talos Achieves First Oil in Green Canyon Field

    The Bulleit field in the Green Canyon area of the Gulf of Mexico produced first oil last week.
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  • Could Gas Be the New Coal Under Biden?

    Biden contends he would not ban hydraulic fracturing, but his energy plan aims to edge natural gas out of the power mix.
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  • OPEC+ Kingpins Try to Sell Obedience

    Rigzone panelists offer their views on what to watch in the oil and gas markets this week.
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  • Libya Oil Output Reaches 500K Bpd

    Libya's daily oil production has risen to around 500,000 barrels, according to people familiar with the situation.
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