Search for oil production

10.01.2014 Saudi oil production grows in December to 9.8 bpd

Saudi Arabia produced 9.819 million barrels per day (bpd) of crude oil in December, up from 9.745m bpd in November, an industry source said on January 9, Bahrain’s Gulf Daily News reported on January 10.

09.01.2014 NCOC discusses safe oil production at Kashagan

North Caspian Operating Company (NCOC), the operator of the Kazakhstani field Kashagan, has begun a preliminary discussion of possible scenarios of a safe oil production restart, NCOC’s press service has said.

08.01.2014 Russian oil, gas condensate production up 1% in 2013

In 2013, Russia increased oil and gas condensate production by 1%. In 2013, Russia, produced 523.27mn tons of oil at the pace of 10.5mn barrels per day. In December, Russia produced 44.96mn tons of oil at 10.63mn bpd. 

08.01.2014 U.S. oil output growth to slow - EIA

The pace of U.S. oil production growth will begin to slow in 2015, even as global demand continues to rise, allowing OPEC to pump more crude for the first time in three years, U.S. government forecasts showed on January 7, Reuters has reported.

08.01.2014 Bankers Petroleum oil production in Albania up 4.1% quarter on quarter in Q4 2013

Bankers Petroleum has reported that average production from the Patos-Marinza oilfield in Albania for the fourth quarter of 2013 was 19,303 barrels of oil per day (bopd), 4.1% higher than 18,541 bopd in the third quarter, StockMarketWire.com reported on January 7.

08.01.2014 Peru to increase oil production by 10% in 2014

Peru’s oil production is expected to increase in 2014 for the first time in over 30 years, as a result of the startup of output from new wells, according to Mines and Energy Minister, Jorge Merino, Peruvian Times reported on January 7.

03.01.2014 Russian oil output reaches post-Soviet high in 2013

Russian energy ministry data showed on January 2 that the country's oil output rose to a post-Soviet high of 10.51 million bpd in 2013, up almost 1.4 percent from 2012, Reuters reported on the same day.

23.12.2013 Gazprom Begins Russian Arctic Offshore Production

Gazprom has begun oil production at the Prirazlomnoye deposit. This is Russia’s first Arctic offshore exploration project, which marks the start of establishing of a large hydrocarbon hub in the region.

23.12.2013 Indonesia Oil Production in 2014 to Be Lower Than Budget Target

The Upstream Oil and Gas Regulatory Special Task Force (SKKMigas) predicts that oil and condensate production in 2014 will reach 830,000 barrels per day, Jakarta Post reported on December 22.

20.12.2013 Russia’s Gazprom Neft Oil Production to Increase by 4.3% in 2013

Gazprom Neft’s Board of Directors has reviewed the initial results of the 2013 investment programme and budget as well as plans for 2014, Gazprom Neft’s press service said on December 19.