Production News for Latin America


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California County Loses Bid to Reinstate Frac Ban Share your comments
Friday, October 15, 2021Monterey County voters in November 2016 passed a measure prohibiting land use in support of new oil and gas wells and fracking activities in unincorporated areas.

Talos Energy Gives Ida Related Production Update Share your comments
Wednesday, October 13, 2021Production disruptions following Ida were prolonged due to complications affecting third-party downstream service providers.

Wood To Support Beach Energy's Trefoil Field Development Share your comments
Tuesday, October 12, 2021Wood has secured two FEED contracts to support Beach Energy’s Trefoil field development opportunity offshore Australia.

Yergin Says USA Likely to Ask OPEC to Pump More Share your comments
Tuesday, October 12, 2021In August, the Biden administration called on Saudi Arabia and its allies to unload more crude onto global markets.

Permian Shale Oil Is Booming Again Share your comments
Monday, October 11, 2021Increased access to financing and strong oil demand has created an opening for closely held producers.

Sinopec's Fuling Field Sets Gas Shale Production Record Share your comments
Monday, October 11, 2021Sinopec’s Fuling field – the first commercially developed and operated large-scale shale gas field in China – has set a new record for the cumulative production of shale gas in the country.

OGUK Gives UK Gas Production Warning Share your comments
Friday, October 08, 2021UK gas production will fall 75 percent by 2030 without new investment, according to industry body Oil & Gas UK.

Petrobras Restarts Production From Brazilian Gas Field After Repairs Share your comments
Wednesday, October 06, 2021Petrobras restarted production from the Manati gas field offshore Brazil following the completion of pipeline repairs.

Shell Restarts GOM Olympus Platform After Hurricane Ida Share your comments
Wednesday, October 06, 2021Shell has restarted production at its Olympus platform in the Gulf of Mexico after repairs to facilities damaged by Hurricane Ida.

USA Shale Cos to See Minimal Expansion Despite Rally Share your comments
Wednesday, October 06, 2021U.S. shale oil production will expand at a "modest rate" over the next 18 months even as prices touch multiyear highs, according to BloombergNEF.

Engine No.1 Says Drop in Exxon Output Is Meaningful Share your comments
Tuesday, October 05, 2021Activist fund Engine No. 1 says Exxon Mobil Corp. has reduced oil and gas production in a meaningful way since the beginning of its successful proxy campaign last year.

Lundin Starts Production From Edvard Grieg Subsea Tie-in Share your comments
Friday, October 01, 2021Lundin Energy has produced first oil from the Solveig field, a subsea tie-back development to the Edvard Grieg platform in the North Sea.

Enauta Shuts Down Field Off Brazil Due To Gas Leak Share your comments
Wednesday, September 29, 2021Enauta has preventively stopped production from the Manati offshore field due to a small gas leak.

Jadestone Brings One More Montara Well Online Share your comments
Tuesday, September 28, 2021Jadestone Energy has started production from the Montara H6 well after a tie-in into the Montara field facilities offshore Australia.

USA Oil Production Outlook Set to Grow Share your comments
Tuesday, September 28, 2021The U.S. oil production outlook is set to grow over the next five years, according to GlobalData.

Eni Starts-Up Second Project Offshore Angola In 2021 Share your comments
Monday, September 27, 2021Eni has started production from the Cabaça North development project in deep waters offshore Angola using its Armada Olombendo FPSO.

BP GOM Assets Back Online Following Hurricane Ida Share your comments
Friday, September 24, 2021Supermajor BP has brought online all four of its assets in the Gulf of Mexico post-Hurricane Ida.

BSEE Releases Final Hurricane Ida Report Share your comments
Friday, September 24, 2021The Bureau of Safety and Environmental Enforcement (BSEE) has released its final update on evacuation and shut in production statistics for Hurricane Ida.

CNOOC Flows First Oil From Bozhong 19-4 Oilfield Share your comments
Friday, September 24, 2021CNOOC Limited starts production from Bozhong 19-4 oilfield comprehensive adjustment project.

Canada Oil Sands Force Majeure Adds to Supply Woes Share your comments
Thursday, September 23, 2021Syncrude Canada Ltd., a light crude producer majority-owned by Suncor Energy Inc., cut September supplies due to a mechanical disruption at its oil sands site, according to a person familiar with the situation.

Key Members Say OPEC+ Can Keep Reviving Supply Share your comments
Tuesday, September 21, 2021OPEC and its allies can likely continue reviving oil production, two key Middle East members said as the group prepares to consider its next supply hike.

Is Gulf of Mexico Production Still Shut In? Share your comments
Monday, September 20, 2021Rigzone looks at the Bureau of Safety and Environmental Enforcement's latest production status data for the Gulf of Mexico.

Halliburton Selected for Offshore Israel Campaign Share your comments
Wednesday, September 15, 2021Halliburton Company (NYSE: HAL) has been awarded an integrated services contract to execute a three to five well drilling and completions campaign for Energean.

GOM Oil Output at 60 Percent Share your comments
Wednesday, September 15, 2021The slow-but-steady restoration of oil production in the Gulf of Mexico is continuing.

How Much Gulf of Mexico Production is Still Offline? Share your comments
Monday, September 13, 2021The Bureau of Safety and Environmental Enforcement publishes its latest production estimates following Ida.

Libya Oil Output at Risk Again Share your comments
Friday, September 10, 2021Libya's oil production is in danger of slumping again, as a political power struggle threatens to end a period of relative stability.

Suncor Greenlights Terra Nova Asset Life Extension Share your comments
Thursday, September 09, 2021The co-owners of the Terra Nova FPSO facility, and associated Terra Nova field, have finalized an agreement to restructure the project ownership and move forward with an asset life extension project.

Near 90 Percent of GOM Oil Production Still Down Share your comments
Monday, September 06, 2021Around 88.32 percent of oil production and 82.72 percent of gas production in the Gulf of Mexico remained shut in on September 5.

Initial Ida Hit to Production Surpasses Katrina Share your comments
Monday, September 06, 2021Hurricane Ida may not have been the deadliest or most damaging weather system ever to smash into the U.S., but its initial impact on Gulf of Mexico oil supply has been greater than any other storm in history.

Shell Commits to Timi Investment Share your comments
Sunday, September 05, 2021Sarawak Shell Berhad has announced that it has taken a final investment decision on the Timi gas development project.

Serica Starts Production from Rhum R3 Share your comments
Friday, September 03, 2021Serica Energy plc (AIM: SQZ) has announced the commencement of production from the Rhum R3 well, 16 years after it was originally drilled.

Majority of GOM Production Remains Offline Share your comments
Thursday, September 02, 2021Approximately 79.96 percent of oil production and approximately 83.21 percent of gas production in the Gulf of Mexico remained shut-in on September 1 following storm Ida.

OPEC Boosts Output as Some Members Left behind Share your comments
Thursday, September 02, 2021OPEC boosted crude production last month as it continued the revival of supplies halted during the pandemic, but some members struggled to keep up.

95 Percent of GOM Oil Production Still Offline Share your comments
Tuesday, August 31, 2021The BSEE estimates that approximately 94.6 percent of the current oil production in the Gulf of Mexico remained shut in on August 30 as a result of storm Ida.

North Sea Troll Phase 3 Project Online Share your comments
Tuesday, August 31, 2021Equinor (NYSE: EQNR) has announced that production has started from the Troll phase 3 project in the North Sea.

Pemex Restores Production After GOM Rig Fire Share your comments
Tuesday, August 31, 2021Pemex has restored the production of 421,000 barrels of oil per day from the E-Ku-A2 platform, following a fire which occurred on the asset on August 22.

Ida Shuts in Majority of Gulf of Mexico Production Share your comments
Monday, August 30, 2021The Bureau of Safety and Environmental Enforcement estimates that approximately 95.65 percent of the current oil production in the Gulf of Mexico has been shut in as a result of Hurricane Ida.

CNOOC Brings Another Field Online Share your comments
Monday, August 30, 2021CNOOC Limited (NYSE: CEO) has announced that the Bozhong 26-3 oilfield expansion project has commenced production.

Transocean Nets $252MM Deal for Newbuild Drillship Share your comments
Friday, August 27, 2021Transocean Ltd. (NYSE: RIG) has revealed that BOE Exploration & Production LLC has awarded the company a $252 million contract for its Deepwater Atlas newbuild ultra-deepwater drillship.

OPEC+ Seen Sticking to Plan Share your comments
Friday, August 27, 2021OPEC and its allies are expected to press on with their planned revival of oil production when they meet next week, as prices bounce back from their August stumble.

UK Oil Field Work Delayed as Environment Debate Rages Share your comments
Tuesday, August 24, 2021Siccar Point Energy Ltd. is delaying work on its Cambo oil field in the U.K. North Sea, a target of vociferous criticism by environmental activists.

Eni Starts Production from Deep Offshore Field Share your comments
Monday, August 16, 2021Eni (NYSE: E) has announced that it has started production from the Cuica field, which is located in Block 15/06 of the Angolan deep offshore.

Pemex Can't Afford to Develop Zama Share your comments
Friday, August 13, 2021Petroleos Mexicanos fought tooth and nail to wrest control of the country's biggest private oil find from the companies that discovered it. Now it has found itself without the cash to actually develop the field.

Shell and Chevron Sanction GOM Deepwater Project Share your comments
Monday, July 26, 2021The development will feature a 99% replicated hull and 80% replication of the Vito topsides.

Saudi Prince Wants to Be Known As Oil Price 'Volatility Buster' Share your comments
Thursday, July 22, 2021Saudi Energy Minister Prince Abdulaziz bin Salman is the most important single person in the oil market today.

Shell Starts Up Barracuda Share your comments
Thursday, July 22, 2021Shell has achieved first gas from Project Barracuda offshore Trinidad and Tobago.

Natural Gas Supply Concerns Mount Share your comments
Thursday, July 22, 2021Natural gas futures closed at a 31-month high.

Oil Production Baselines Rise As OPEC+ Makes Deal Share your comments
Monday, July 19, 2021Ministers from Riyadh and Abu Dhabi made a big show of their continuing friendship and commitment to the OPEC+ alliance.

Oil and Gas Producers Maintain Focus Share your comments
Friday, July 16, 2021Rigzone panelists look back at oil and gas market hits and misses for the week ending July 16, 2021.

OPEC Projects Mixed Oil Demand Recovery Share your comments
Thursday, July 15, 2021OPEC forecast a gradual recovery in demand for its crude this year and next.

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