Search for oil production

18.11.2013 Kuwait to Produce More Oil

Kuwait is pumping billions of dollars into projects to expand its oil production capacity to four million barrels per day from three mbpd within a strategy to maintain its position as one of the world’s largest crude exporters, reported on November 17, ci

15.11.2013 Carnarvon Petroleum Expects Higher Oil Production in Thailand

Carnarvon Petroleum will spud the first well in its current Thailand drilling campaign within the next few days, Proactive Investors reported on November 15.

13.11.2013 Russian Reserves to Grow Faster Than Output in 2013 - Minister

Russia’s oil and gas reserves will grow faster than output in 2013, Prime has cited Natural Resources Minister Sergei Donskoi as saying on November 12.

He said that the final figure for this year’s increase in reserves will be published in February 2014.

13.11.2013 U.S. to Be Top Oil Producer by 2015 - IEA

The U.S. will surpass Russia and Saudi Arabia as the world’s top oil producer by 2015, and be close to energy self-sufficiency in the next two decades, amid booming output from shale formations, Bloomberg on November 12 cited IEA as saying in a report.

13.11.2013 Chevron Starts Oil Production at Papa-Terra in Brazil

Chevron Corporation (NYSE: CVX) confirmed on November 12 that its Brazilian subsidiary and Petrobras have started crude oil production from Papa-Terra’s floating production, storage and offloading vessel (FPSO) offshore Brazil.

08.11.2013 Russia’s Novatek to Move into Oil Industry - Newspaper

Privately-owned Russian natural gas company Novatek is moving into oil production in the latest sign of its rapid expansion, RIA Novosti reported on November 8, citing business newspaper Vedomosti.

01.11.2013 Tethys Starts Drilling Dexa Well in Kazakhstan

Tethys Petroleum Limited, the E&P Company focused on Central Asia and the Caspian Region has commenced drilling of the AKD09 ("Dexa") well in Kazakhstan and updated on Kazakh oil production operations, the company reported in a news release on October 31.

31.10.2013 Azerbaijan’s ACG Produces 318 Million Tons of Oil

To date 318 million tons of oil have been produced under the project for the development of the Azeri-Chirag-Guneshli (ACG) oil and gas fields in the Azerbaijani sector of the Caspian Sea, the news agency Trend reported on October 30, citing SOCAR First Vice-President on

29.10.2013 Iran Oil, Condensate Export down

Iran's crude oil exports have decreased from 2.2 million barrels per day (mbpd) in 2011 to less than 1 mbpd currently, the Azerbaijani news agency Trend reported on October 29.

29.10.2013 Petrobras’ Brazil Oil Output up 3.7% in September

Oil output (oil plus natural gas liquids - NGL) from all of Petrobras' fields in Brazil averaged 1.979 million barrels per day (bpd) in September, which is 3.7% higher than the average output of the previous month (1.908 million bpd), reported on October 2