Agiba Petroleum Gas Production records 17 mcf/d in FY2020/21
Agiba added around 6 million barrels of crude oil and 4.2 billion cf of natural gas to its recoverable reserves.
Agiba added around 6 million barrels of crude oil and 4.2 billion cf of natural gas to its recoverable reserves.
Sinopec Company announced that it has achieved a new oil discovery, that can produce more than 100 million tons of oil and gas, in the Shunbei area of the Tarim Basin in the country's Xinjiang region.
China National Petroleum Company (CNPC) announced that it plans to produce from new shale oil from formations within the area of the existing Daqing oilfield.
SDX company has achieved production of 5,931 barrels of oil equivalent per day (boe/d) during H1 2021,
3% higher than the midpoint guidance of 5,770 boe/d.
Iran plans to develop 11 oil fields in West Karoun to boost output by 1 million barrels per day (mb/d).
US shale oil production is projected to reach 8.1 million barrels per day (b/d) in September 2021, recording the highest production levels since May 2020.
This comes as the independent plants in China, also known as teapots, cut production in the middle of high inventories, tighter quotas, and weakening profits.
Eni started production from the Cuica Field, in Block 15/06 of the Angolan deep offshore, via the Armada Olombendo Floating Production Storage and Offloading (FPSO) vessel, just after four months from discovery.
TransGlobe Energy company announced that it recorded average production of 10,727 barrels per day (bbl/d) during Q2 2021.
United Oil and Gas Company (UOG) announced that it achieved maximum flow rate of production of 2,093 barrels per day of oil (b/d) and 3.63 million standard cubic feet per day (mmscf/d) from Al Jahraa-8 well in Abu ...