The millionth barrel of the new oil, ARCO (Arctic Oil), has been produced at the Prirazlomnoye deposit. The second tanker to deliver the oil to North West Europe in the next few days is currently being loaded. The first tanker carrying oil from Prirazlomnoye set offfrom the deposit in April.
Petrobras’ consolidated oil and natural gas production in Brazil and abroad reached 2,759 thousand barrels of oil equivalent per day (boed), rising 2.2% from a reported production of 2,699 thousand boed in July.
“Fast-track” fields Fram H-North and Svalin C in the North Sea have now started producing.
Rosneft starts production on the Northern Tip of Chayvo field on the Sakhalin Island.
Huldra is the first gravity-based, Statoil-operated installation in the North Sea to be shut down permanently. Terminating production on 3 September, the platform has produced gas and condensate for six extra years compared to the original plan.
The commercial production of Vankor oil, gas and condensate field started on September 21, 2009. In the period of five years more than 85 mln tons of oil and condensate were produced here. At the moment daily production exceeds 60 thousand tons of oil.
Eni, through its affiliate Ieoc Production BV and in joint venture with BP Egypt, started production from the DEKA project (Denis-Karawan) through the new subsea well Denise South 6 at a gas rate of 1.8 million cubic meters per day and associated condensates of about 800 barrels per day.
The International Energy Agency (IEA) classified as “exceptional” the increase in oil production in Brazil in the second quarter of this year, in a monthly report released on Tuesday, August 12. According to the report by the IEA, which has a presence in 29 countries, Brazilian oil production reached 2.3 million barrels per day (bpd) in June.
Noble Energy, Inc. (NYSE: NBL) announced today that it has signed a Production Sharing Contract (PSC) with the Government of Gabon covering Block F15 in the Gabon Coastal Basin. Under the terms of the PSC, Noble Energy will be the Operator with a 60 percent working interest. Noble Energy's partner on Block F15 is Woodside Petroleum Ltd., who will have the remaining 40 percent working interest.
Shell’s deep-water subsidiary in Nigeria, Shell Nigeria Exploration and Production Company Ltd (SNEPCo) started oil production from the first well at the Bonga North West deep-water development off the Nigerian coast on Tuesday 5 August 2014, another milestone for the country’s energy industry.