Production


All posts for Production

Equinor: Boosting Vigdis

Vigdis subsea installation. (Photo: André Osmundsen) The subsea field Vigdis has been producing oil through the Snorre field for more than 20 years. Field production will now be boosted by almost 11 million barrels. Equinor and its partners have decided to invest some NOK 1.4 billi ...

OilVoice Press - OilVoice


Posted 5 days agoPress > EquinorEquinor EnergyOffshore +4

Rystad Energy: All Eyes on Vienna

The OPEC + countries must cut 2019 supply growth by 1.5 million bpd if they want oil prices back above $70 next year. US production at $50 WTI levels would remove only 0.4 million bpd of the looming 1.5 million bpd surplus in the balances that Rystad Energy forecasts for 2019 in a status quo scena ...

OilVoice Press - OilVoice


Posted 5 days agoOpinion > Rystad EnergyOPECVienna +2

The Saudi Dilemma: To Cut Or Not To Cut

By Irina Slav for Oilprice.com To cut and push up prices or not to cut and preserve market share, this is the question that Saudi Arabia is facing ahead of this year's December OPEC meeting. It seems like just yesterday when OPEC met in 2016 and decided to cut production by 1.8 million barrels d ...

Oilprice Staff


Posted 7 days agoOpinion > oilpriceKingdom of Saudi ArabiaSaudi Arabia +4

NPD: Drilling Permit for Well 24/9-14 S in Production Licence 869

The Norwegian Petroleum Directorate has granted Aker BP ASA a drilling permit for well 24/9-14 S, cf. Section 15 of the Resource Management Regulations.   The well will be drilled from the Scarabeo 8 drilling facility in position 59°21'51.91" north and 1°46'52.29" east after completing drillin ...

OilVoice Press - OilVoice


Posted 8 days agoPress > DrillingNorwayOffshore +5

NPD: Drilling Permit for Well 7121/1-2 S in Production Licence 767

The Norwegian Petroleum Directorate has granted Lundin Norway AS a drilling permit for well 7121/1-2 S, cf. Section 15 of the Resource Management Regulations. Well 7121/1-2 S will be drilled from the Leiv Eiriksson drilling facility in position 71°47'38.40" North and 21°07'30.53" East. The dri ...

OilVoice Press - OilVoice


Posted 12 days agoPress > NPDNorwayNorwegian Petroleum Directorate +6

NPD: Drilling Permit for Well 6406/6-6 A in Production Licence 255 B

The Norwegian Petroleum Directorate has granted Total E&P Norge AS a drilling permit for well 6406/6-6 A, cf. Section 15 of the Resource Management Regulations. Well 6406/6-6 A will be drilled from the Scarabeo 8 drilling facility in position 64°35'47.61" North and 6°51'15.40" East after comple ...

OilVoice Press - OilVoice


Posted 13 days agoPress > NPDNorwayNorwegian Petroleum Directorate +7

New Projects Expected to Reverse Gulf of Mexico Natural Gas Production Declines

Source: U.S. Energy Information Administration, Natural Gas Monthly Natural gas production in the U.S. Federal Gulf of Mexico (GOM) has been declining for nearly two decades. However, 10 new natural gas production fields are expected to start producing natural gas in 2018 and another 8 are e ...

OilVoice Press - OilVoice


Posted 14 days agoOpinion > EIAEnergy Information Administration EIAGOM +6

New Projects Expected to Reverse Gulf of Mexico Natural Gas Production Declines

Source: U.S. Energy Information Administration, Natural Gas Monthly Natural gas production in the U.S. Federal Gulf of Mexico (GOM) has been declining for nearly two decades. However, 10 new natural gas production fields are expected to start producing natural gas in 2018 and another 8 are e ...

OilVoice Press - OilVoice


Posted 14 days agoOpinion > EIAEnergy Information Administration EIAGOM +5

NPD: Drilling Permit for Well 7122/7-7 S in Production Licence 229

The Norwegian Petroleum Directorate has granted Eni Norge AS a drilling permit for well 7122/7-7 S, cf. section 15 of the Resource Management Regulations. Well 7122/7-7 S will be drilled from the West Hercules drilling facility in position 71°17'33.53" North and 22°15'14.46" East after concludi ...

OilVoice Press - OilVoice


Posted 19 days agoPress > NPDNorwayNorwegian Petroleum Directorate +6

Husky Energy Provides Update on White Rose

Production remains shut in at the  SeaRose  floating production, storage and offloading (FPSO) vessel with all production wells secure after a period of extreme weather and an oil release late last week. Husky Energy (TSX:HSE) had shut in production at the White Rose field Thursday, November 15 du ...

OilVoice Press - OilVoice


Posted 20 days agoPress > Husky EnergyTSXWhite Rose +4

NPD: Production Figures October 2018

Preliminary production figures for October 2018 show an average daily production of 1 874 000 barrels of oil, NGL and condensate, which is an increase of 271 000 barrels per day compared to September. Total gas sales were 10.6 billion Sm 3 (GSm 3 ), which is an increase of 1.6 GSM 3 from the pr ...

OilVoice Press - OilVoice


Posted 21 days agoPress > NPDProduction FiguresProduction +2

PetroTal Announces Increased Production from Bretaña Field and Provides Operations Update

PetroTal Corp. (“ PetroTal ” or the “ Company ”) (TSX-V: TAL) is pleased to announce that it has successfully increased oil production from theBretaña Norte discovery well (the “Discovery Well” or the “Well”) at the Bretaña field in Block 95, Peru.  The Company is also pleased to provide a further ...

OilVoice Press - OilVoice


Posted 22 days agoPress > PetroTalProductionTSX-V +3

Premier Oil - Trading Update; Operating Efficiency at Catcher Lower but Improving

Bottom Line: The headline is a reduction to production guidance although deliverability at Catcher looks strong and the development/appraisal pipeline is progressing. We remain neutral as we believe it is challenging for Premier to outperform with a weakening commodity price although at our Bren ...

OilVoice Press - OilVoice


Posted 22 days agoPress > Premier OilCatcherProduction +1

First Oil Produced by Scottish-American Start-Up Ziyen

Scottish-American oil and energy company Ziyen Inc. , which has operations in Aberdeen, has achieved first oil as it prepares to enter a new round of funding. The company, which currently owns 13 oil leases, has successfully started production at its Potts lease, Indiana. This means the company h ...

OilVoice Press - OilVoice


Posted 22 days agoPress > ProductionOilZiyen +3

The Wolfcamp Play Has Been Key to Permian Basin Oil and Natural Gas Production Growth

Source: U.S. Energy Information Administration, based on DrillingInfo Increased oil and natural gas development in the Wolfcamp play has helped drive overall crude oil and natural gas production growth in the Permian Basin during the past decade. Drilling and completion operations within the ...

OilVoice Press - OilVoice


Posted 25 days agoOpinion > EIAEnergy Information Administration EIAUnited States +9