oil production | Egypt Oil & Gas - Part 26

Jericho Further Invests in Oklahoma

Jericho Oil Corporation announced it signed a letter of intent to purchase a 50 percent working interest in 2,050 acres of land in Oklahoma, according to a press release. The new land will bring Jericho's acreage up ...

ExxonMobil Begins Production in Far East Russia

Exxon Mobil Corporation (NYSE:XOM) announced today that production has begun at the Sakhalin-1 project’s Arkutun-Dagi field – the last of the three fields to be developed.

Record Output from Offshore Thailand Oilfield

Oil production from the Salamander Energy-operated Bualuang field in the Gulf of Thailand averaged 15,000 b/d during the second half of 2014.

Petrobras Falls Short of Oil Production Target

Brazil's state-run oil company says it failed to reach its year-end production target even though its daily oil output increased 5.3 percent in 2014.

Norway’s Energy Sector Receives Positive Forecast

Wood Mackenzie’s annual review of Norway’s upstream oil and gas sector reveals a largely positive picture.

Libya Increases Production to 300,000-500,000 B/D

The see-saw story of Libya oil production since the revolution has taken another turn with the report from Mabrook Buseif that it is now up, at between 300,000 and 500,000 b/d.

Kuwait Energy Completes Testing Al Jahraa-3

Kuwait Energy has completed testing at the Al Jahraa-3 oil appraisal well in the Abu Sennan Concession onshore Egypt, with the well cased and completed as an Abu Roash “C” member oil producer.

Iraq’s Crude Exports Increased in December

Iraq's crude oil exports reached 2.94 million b/d in December, a new record high, taking the country's 2014 monthly average to 2.517 million b/d, as the recent deal with Kurdish authorities begins to bear fruit.

Gazprom Brings Third Well in Iraq’s Badra Field onto Production

JSC Gazprom Neft said a third well in the Badra field in eastern Iraq has come on production, ensuring “sustainable” rates of at least 15,000 b/d. Drilling of another three wells continues.

ConocoPhillips announces first oil production from the Eldfisk II Project

ConocoPhillips today announced first oil production from the Eldfisk II project in the Norwegian North Sea.

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