Production


All posts for Production

NPD: Delineation of the 15/3-4 (Sigrun) Oil and Gas Discovery Near the Gudrun Field in the North Sea – 15/3-11

Equinor Energy AS, operator of production licence 025, has concluded the drilling of appraisal well 15/3-11 on the 15/3-4 (Sigrun) oil and gas discovery. The well was drilled about 10 km southeast of the Gudrun field in the North Sea, and about 225 km west of Stavanger. The objective of the well ...

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Posted 16 hours agoPress > NPDNorwayNorwegian Petroleum Directorate +11

NPD: Production Figures July 2018

Preliminary production figures for July 2018 show an average daily production of 1 911 000 barrels of oil, NGL and condensate, which is an increase of 64 000 barrels per day compared to June. Total gas sales were 10.8 billion Sm 3 (GSm 3 ), which is an increase of 1.5 GSM 3 from the previous mo ...

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Posted 16 hours agoPress > NorwayNPDNorwegian Petroleum Directorate +6

Gazprom Neft Interim 2018 Results

Gazprom Neft 1H 2018 net profit up 1.5-fold Net profit of RUB166.4 billion , a 49.6% increase on 1H 2017 Adjusted EBITDA* of RUB368.2 billion , a 49.8% increase on 1H 2017 Free cash flow (FCF) of RUB47.5 billion , a 77% increase on 1H 2017 For the first six months of 2018 Gazpr ...

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Posted 16 hours agoPress > GazpromGazprom NeftResults +3

Genel Energy PLC: Update on Tawke PSC

Genel Energy plc ('Genel') notes that DNO ASA, as operator of the Tawke PSC (Genel 25% working interest), has today issued an update on licence activity. As previously stated, production at Peshkabir has more than doubled to 35,000 bopd, following the successful Peshkabir-4 and Peshkabir-5 wells. ...

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Posted 16 hours agoPress > Genel EnergyTawkeTawke License +8

Six States Account For More Than 70% of U.S. Fuel Ethanol Production

Source: U.S. Energy Information Administration, State Energy Data System Six states accounted for 72% of U.S. fuel ethanol production in 2016, according to the most recent estimates from EIA's State Energy Data System . Iowa, Nebraska, Illinois, Minnesota, Indiana, and South Dakota collecti ...

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Posted 1 day agoOpinion > EIAEnergy Information Administration EIAUnited States +3

Offshore Discoveries in the Mediterranean Could Increase Egypt’s Natural Gas Production

Source: U.S. Energy Information Administration, based on IHS Markit, Middle East Economic Survey , and company press releases Natural gas production in Egypt has been in decline, falling from a 2009 peak of 5.8 billion cubic feet per day (Bcf/d) to 3.9 Bcf/d in 2016, based on estimates in BP' ...

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Posted 2 days agoOpinion > OffshoreEIAEnergy Information Administration EIA +5

Pertamina Set to Capitalize on New Gross Split Production Sharing Contract Terms in Indonesia, Says GlobalData

State-owned oil and natural gas company Pertamina is poised to capitalize on the improved gross split production sharing contract (PSC) terms in Indonesia, says leading data and analytics company GlobalData . The gross split PSC, which removes the cost recovery element, with all production dire ...

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Posted 3 days agoOpinion > pertaminaIndonesiaGlobalData +6

Oil & Gas Firm's Q2/18 Shows Production Upside, 'Portfolio Cleanup,' Strong Cash Flow

A Raymond James report reviewed the company's most recent financial and production numbers. In an August 2 research note, analyst Pavel Molchanov with Raymond James reported that against a backdrop of increased production and high cash flow in Q2/18, Marathon Oil Corp.'s (MRO:NYSE) ear ...

OilVoice Press - OilVoice


Posted 3 days agoOpinion > Oilgaso&g +8

Savannah Petroleum: Signature of Memorandum of Understanding with the Republic of Niger

Support for proposed early production system and facilitation of access to infrastructure Savannah Petroleum PLC, the British independent oil and gas company focused around oil and gas activities in Niger and Nigeria, is pleased to announce the signature of a legally binding Memorandum of Unde ...

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Posted 8 days agoPress > MOUSVPSavannah Petroleum +5

Parsley - Parsley Energy Announces Second Quarter 2018 Financial And Operating Results; Raises Production Guidance And Lowers Unit Cost Estimates

AUSTIN, Texas, Aug. 7, 2018 /PRNewswire/ -- Parsley Energy, Inc. (NYSE: PE) ("Parsley," "Parsley Energy," or the "Company") today announced financial and operating results for the quarter ended June 30, 2018. The Company has posted to its website a presentation that supplements the information in t ...

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Posted 8 days agoPress > Parsley EnergyOperating ResultsFinancial Results +2

Talos Energy Announces Second Quarter 2018 Financial And Operational Results

HOUSTON, Aug. 6, 2018 /PRNewswire/ -- Talos Energy Inc. ("Talos" or the "Company") (NYSE: TALO) today announced its financial and operational results for the second quarter ended June 30, 2018, and reaffirmed the previously released pro forma full year 2018 production, expenses and capital expendit ...

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Posted 9 days agoPress > Talos EnergyOperational UpdateFinancial Results +5

Genel Energy PLC: Half-Year Results

Genel Energy plc ('Genel' or 'the Company') announces its unaudited results for the six months ended 30 June 2018. Murat Özgül, Chief Executive of Genel, said: "Genel continues to deliver on its focus. We are generating significant free cash flow, averaging over $10 million a month in the first ...

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Posted 9 days agoPress > ResultsTawkeGenel Energy +6

Carrizo Oil & Gas Announces Second Quarter Results

HOUSTON--(BUSINESS WIRE)-- Carrizo Oil & Gas, Inc. (Nasdaq: CRZO) today announced the Company's financial results for the second quarter of 2018 and provided an operational update, which includes the following highlights: Total production of 57,077 Boe/d, 12% above the second quarter of 2017 a ...

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Posted 9 days agoPress > Carrizo Oil & GasNasdaqResults +2

Ascent Resources: Operational Update

Strategic Review As previously announced, the Company commenced a strategic review in April 2018 to review the various options available for the Company to maximise value for shareholders, including identifying a larger entity to develop the next phase of the Petišovci project.  The strat ...

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Posted 10 days agoPress > Ascent ResourcesOperational UpdateProduction

DEEPA™ Boosts Oil Production from Mature Vertical Wells by up to 250%

Treatment from  Cleansorb   increases  Matri x Permeability of Wells in Canada GUILDFORD, England  – August 3, 2018 –  Cleansorb , a leading provider of chemical well treatments that enhance hydrocarbon production for the international oil and gas industry, today announced that it dra ...

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Posted 13 days agoPress > wellProductionOil +4