Production News

    Rigzone.com: Production News

    The latest oil and gas news from around the world.

  • US Oil Industry Made History in December

    API contends it's a win for US consumers.
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  • Sinking Natural Gas Prices Have Drillers Hitting the Brakes

    Gas production is showing signs of a slowdown after years of runaway growth.
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  • Kuwait to Resume Oil Output in Area Shared With Saudis

    Khafji was shut down in 2014 after a spat between the neighbors.
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  • US Shale Suffering From Sustained Contraction

    Slower output growth would have global ramifications, given additional US barrels are forecast to account for most of the increase in 2020 worldwide supply.
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  • US Calls for Immediate Resumption of Libya Oil Output

    The U.S. embassy in Libya called Tuesday for an immediate resumption of oil production.
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  • Libya Oil Production Plunges

    Libya's eastern warlord kept virtually all of the nation's oil fields shut in a show of defiance after world leaders failed to persuade him to sign a peace deal.
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  • IEA Says Iraq Oil Supplies Vulnerable

    Oil supplies from Iraq are 'potentially vulnerable' amid rising political risks in the country and the broader region, the International Energy Agency warned.
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  • Norway Offers 69 Production Licenses in APA 2019

    The Norwegian Ministry of Petroleum and Energy has offered 69 production licenses on the Norwegian Continental Shelf as part of its latest licensing round - APA 2019.
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  • New Gas Finds Creating Opportunity in West Africa

    It is expected that many of the gas discoveries will help displace oil as a source of more sustainable fuel in the regional mix.
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  • Experts Insist Permian Output is Approaching a Peak

    Over the past five years, has the industry and its investors mistaken a massive structural change for a simple cyclical event?
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  • SapuraOMV Achieves First Gas from Larak Field Offshore Malaysia

    SapuraOMV Upstream has achieved within budget first production from its Larak gas field offshore Malaysia under the SK408 Production Sharing Contract (PSC).
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  • Gulf of Mexico Hits Record Daily Production

    The U.S. Gulf of Mexico made history in August as it exceeded oil production of 2MMbopd, according to the U.S. Bureau of Safety and Environmental Enforcement.
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  • This Isn't Your Father's Oil and Gas Rig Count

    The industry's advance beyond the rig count indicating production growth has complicated things for forecasters.
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