Production News

    Rigzone.com: Production News

    The latest oil and gas news from around the world.

  • Some Producers Setting Records Despite Low Drilling Levels

    Check out this review of oil market hits and misses for the week ending Sept. 18, 2020.
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  • Wood Snags $42MM Onshore Norway Contract

    Wood executed the front-end engineering design phase last year. PHOTO SOURCE: Øyvind Sætre/Gassco
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  • Saudi Prince Calls for End to OPEC+ Cheating

    The Saudi energy minister gave a forceful condemnation of cartel members that try to get away with pumping too much crude.
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  • More US GOM Production Comes Offline

    More U.S. Gulf of Mexico oil and gas production has come offline in response to Hurricane Sally.
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  • Iraq OPEC+ Compliance Appears More Distant

    Iraq is exporting more crude so far in September than its daily average last month.
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  • UAE Signals It Will Atone for Pumping Too Much

    The United Arab Emirates sent a fresh signal it will make up for pumping too much oil in the past two months.
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  • Petrobras Eyes Its Next Buzios FPSO

    Petrobras and SBM Offshore confirmed that they have begun negotiations for the FPSO Almirante Tamandare.
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  • Friction Growing within OPEC+

    The UAE almost entirely disregarded its commitment to OPEC+ production quotas last month, according to the International Energy Agency.
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  • US GOM Production Shuts Again

    U.S. Gulf of Mexico oil and gas production has been shut-in as a response to Tropical Storm Sally.
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  • Sally Prompts GOM Platform Evacuations

    Hurricane Sally will begin hammering the US Gulf Coast with flooding rains late Monday,
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  • OPEC Downgrades Oil Market Outlook

    The figures raise questions about the group's decision to ease production cuts last month.
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  • Frac Sand Metric Declines

    Shale firms are pumping an average of roughly 2.9 million pounds a day of frac sand this quarter, according to Coras Research LLC.
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  • New Offender Emerges in OPEC Output Pact

    Just when OPEC seemed to have finally mastered the long-running problem of members breaching their oil-output targets, a new offender is emerging.
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  • BP and Shell Call on Texas to End Routine Flaring

    The Railroad Commission of Texas is considering requiring operators to disclose more data when they apply for flaring permits and issuing them for shorter periods.
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  • Iran Charity to Develop Marun Oil Field

    A religious endowment for war veterans and the poor owns Sina Energy Development Co.
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  • Mexico Cuts Pemex Oil Output Forecast

    Mexico is cutting its 2021 forecast for oil production at Petroleos Mexicanos by 8.4 percent.
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  • Maersk Rig Drilling New Martin Linge Wells

    Equinor has identified well barrier deficiencies in four Martin Linge gas wells. PHOTO SOURCE: Equinor
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  • Big Fund Managers Urge Texas to Ban Most Flaring

    They argue the energy industry hasn't moved quickly enough to curb flaring.
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  • Lawmaker Sees Lower Pemex Output Goal

    The government's preliminary 2021 output goal for Pemex, whose headquarters appears above, is stretched, said a Mexican lawmaker.
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  • Iraq Eyes OPEC+ Extension Request

    Iraq said it may seek a two month extension to implement the extra production cuts it's carrying as part of the OPEC+ deal.
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