Production News

    Rigzone.com: Production News

    The latest oil and gas news from around the world.

  • Oil CEOs Back Plan to Cut Texas Output

    Two of the biggest drillers in America's largest oil-producing state have asked Texas regulators to consider a cut to crude output after a historic price crash.
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  • Johan Sverdrup to Reach Plateau Production Early

    Previously, plateau production was expected to be reached during the summer.
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  • Giant Oil Field Boost Is Bad for Market

    A torrent of oil from the giant Johan Sverdrup field may not be what the market needs right now.
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  • Oil Braces for Biggest Idling of Wells Since 1986

    Oil prices at the well-head are collapsing under the weight of an unprecedented glut.
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  • CNOOC's Productivity Hit Records in 2019

    CNOOC saw multiple operating indicators reach record levels in 2019, according to its recent year-end results.
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  • Proration Not A Remedy TXOGA Members Want

    Proration is not a remedy Texas Oil & Gas Association members are seeking.
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  • Texas Regulator Considers Oil Output Cuts

    Texas's main oil regulator is weighing for the first time in nearly half a century whether the state should curb crude production.
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  • Unity Wins 12-Platform Contract

    This photo shows Spirit Energy's Central Platform in Morecambe Bay in northwestern England. PHOTO SOURCE: Unity
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  • 1MM-bpd Drop in US Shale Output Possible by 2021

    ESAI Energy has attempted to determine just how much output from domestic shale basins could change through 2020.
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  • Saudis to Push Oil Export to 10MM Barrels a Day

    The increase in shipments shows the kingdom is determined to carry on with its policy of pumping flat out.
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  • ADNOC Says It Can Open Oil Spigot Further

    According to ADNOC's website, the company's current oil output is approximately 3 million bpd.
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