Search for oil production

06.02.2014 Azerbaijan increases oil production at ACG block in 2013

Some 32.72 million tons of oil was produced at Azeri-Chirag-Guneshli oil and gas fields' block in the Azerbaijani sector of the Caspian Sea in 2013 compared to the expected 30.62 million tons, according to an article of Azerbaijani Energy Minister Natig Aliyev published

05.02.2014 Brazil boosts oil, gas output in December

Brazilian output of oil and natural gas rose to its highest level in nearly two years in December as new fields came on line to replace declining output from older areas, the country's oil regulator ANP said on February 3, Reuters has reported.

05.02.2014 Russia’s Rosneft increases production in 2013

On February 4, Rosneft published consolidated IFRS financial statements for 12 months of 2013.

Crude oil and liquids production equaled 4,196 th.bpd (organic growth 1%), gas production reached a record high figure of 38.17 bcm (organic growth 22%).

23.01.2014 Russia’s Bashneft releases preliminary results for 2013

Bashneft on January 23 released its preliminary operating results for the fourth quarter and the 12 months of 2013. In 2013 oil production at the Company’s fields totalled 16,073 thousand tonnes (117,333 thousand barrels), which is 4.1% more than in 2012.

22.01.2014 Canada’s Penn West lowers target for 2014 oil production

Penn West Petroleum Ltd , a Canadian oil company looking to cut costs and debt to boost profits and raise a sagging share price, said on January 21 it expects lower output in 2014 as it sells or shuts in wells, Reuters has reported.

22.01.2014 UAE’s Adnoc to inject carbon dioxide into reservoirs to boost oil output

Abu Dhabi National Oil Company (Adnoc) is on track to start injecting carbon dioxide (CO2) into some reservoirs in 2016 as part of plans to boost oil production and replace the use of hydrogen gas in the fields, Abu Dhabi’s The National reported on January 21.

22.01.2014 Libya oil production rises

The Libyan Ministry of Oil said oil production has reached an average level of 581,657 barrels per day, a 2 percent increase from its previous estimate, UPI reported on January 21.

22.01.2014 Azerbaijan’s SOCAR increases oil production in 2013

State Oil Company of Azerbaijan (SOCAR) produced over 8.31 million tons of oil from onshore and offshore fields of the country compared to 8.24 million tons in 2012, SOCAR said on January 21, Trend has reported.

21.01.2014 Exxon Neftegas increases production offshore Russia’s Sakhalin

Exxon Neftegas, the operator of the offshore project Sakhalin-1, last year increased oil and condensate production by 1.1mn tons to 7mn tons.

21.01.2014 Kazakhstan set to increase oil production in 2014

Kazakhstan is expecting to see a slight increase in oil production to 83 million metric tons this year, the presidential press service said on January 20, RIA Novosti has reported.