Production Start Up News

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OPEC+ Sticks to Planned Supply Hike
Thursday, December 02, 2021The group agreed to add 400,000 barrels a day of crude to global markets in January.

OPEC+ Meets to Debate Output Boost
Wednesday, December 01, 2021Ministers have been tight lipped about their intentions.

Shale Output Discipline Begins to Pay Off
Wednesday, December 01, 2021Publicly listed oil producers have drastically changed their business model since Covid-19.

What Can We Expect From OPEC+?
Tuesday, November 30, 2021OPEC+ is scheduled to meet in the coming days.

OPEC+ to Discuss Omicron Response This Week
Monday, November 29, 2021Crude futures sank more than 10 percent in both London and New York on Friday amid fears that Omicron could hit demand.

Saudi Energy Minister Not Concerned About Omicron
Monday, November 29, 2021OPEC+ meets Thursday to decide on January output.

CNOOC Starts Up Production From Buzzard Phase II
Monday, November 29, 2021CNOOC Limited has begun production from the Buzzard Phase II development, offshore the UK sector of the North Sea.

BP Starts Flowing Oil From Angolan Offshore Field
Friday, November 26, 2021BP has started production at the Platina field in Block 18, which is located some 87 miles offshore Angola.

New Type of Price War is Brewing
Thursday, November 25, 2021A new and unchartered type of price war is brewing, according to Rystad Energy.

Columbus Reaches First Production
Thursday, November 25, 2021Hydrocarbons from the C1z development well started flowing on November 24.

First LNG at Sabine Pass Train 6
Wednesday, November 24, 2021The commissioning process continues.

OPEC+ Urged to Relieve Artificial Tightness
Wednesday, November 24, 2021The Organization of Petroleum Exporting Countries and its allies will meet next week to discuss production policy.

Shale Patch Sees Limited Impact from Biden Oil Release
Wednesday, November 24, 2021Industry players generally agreed that the move will have a limited effect on lowering gasoline prices.

Anti-OPEC+ Officially Emerges
Wednesday, November 24, 2021A set of top oil-consuming countries are taking the supply-side dynamics into their own hands.

Total, Eni Ready to Invest Billions in Libya
Tuesday, November 23, 2021Total will put $2 billion into Libya's Waha oil project, which will boost production by around 100,000 barrels a day.

CNOOC Flows First Oil From Lufeng Fields Off China
Tuesday, November 23, 2021CNOOC has begun production from the Lufeng oil fields regional development project located offshore China.

Market Left Guessing on China SPR Release
Friday, November 19, 2021The market is currently left guessing on the size and timing of a possible Chinese strategic petroleum reserve release.

TotalEnergies Flow Test Increases Chances For Oil Hub Off Suriname
Thursday, November 18, 2021TotalEnergies has completed a flow test at an appraisal well in Block 58 offshore Suriname, confirming an excellent quality black oil reservoir.

Shale Making Too Much Money to Rescue Biden
Tuesday, November 16, 2021U.S. oil explorers are making more money than at any time since the shale revolution began over a decade ago, according to Deloitte LLP.

Russia Joins OPEC+ USA Pushback
Monday, November 15, 2021Russia says there is no shortage of oil in the global market.

OPEC+ Focused on Steady Supply of Oil Not Prices
Thursday, November 11, 2021OPEC+ is restoring production halted last year when the coronavirus crisis wiped out demand.

Asking Africa to Leave Oil in Ground Sparks Debate
Thursday, November 11, 2021Oil ministers from across the continent, in Cape Town for Africa Energy Week, encountered small protests by environmental groups asking them to leave their oil in the ground and turn instead to renewables.

USA EIA Releases Latest Oil Price Forecast
Wednesday, November 10, 2021The EIA's November STEO highlighted that Brent crude oil spot prices averaged $84 per barrel in October.

USA Should Have Enough Gas to Avert Energy Crisis
Tuesday, November 09, 2021Americans should have enough natural gas to keep homes warm and factories running.

Shell Restarts Production On All Gulf Of Mexico Platforms
Tuesday, November 09, 2021Shell restarted production at its Mars and Ursa platforms, bringing the last of its operated assets in the U.S. Gulf of Mexico online.

Vitol Says OPEC+ and Saudis Will Stay Cautious
Monday, November 08, 2021U.S. President Joe Biden called on OPEC+ to speed up the easing of supply curbs it began in early 2020 with the onset of the coronavirus pandemic.

Permian Sees 70 Percent Drop in Methane Emissions Intensity
Monday, November 08, 2021Methane emissions intensity in the Permian Basin has dropped almost 70 percent.

Biden Looking At Oil Stockpile Release
Friday, November 05, 2021The most powerful tool at Biden's disposal if he chooses to bring down prices is the SPR.

OPEC+ Rejects Biden Plea
Thursday, November 04, 2021After a brief meeting on Thursday, the group approved a 400,000 barrel-a-day production hike for December.

Chevron-Brightmark JV Delivers First RNG at Lawnhurst
Thursday, November 04, 2021Chevron and Brightmark are teaming up to capture methane from dairy operations across the U.S.

Wintershall Dea Starts Final Nova Drilling, First Oil Set For 2022
Thursday, November 04, 2021Wintershall Dea has started the last part of the Nova drilling campaign following a year-long incident-induced break.

OPEC+ Set for Geopolitical Showdown
Thursday, November 04, 2021OPEC+ is heading for a politically consequential showdown with President Joe Biden.

OPEC+ Heads for Biden Clash
Monday, November 01, 2021OPEC+ headed for a clash with the U.S.

Orcadian Energy Gets FPSO Offers For Pilot Oilfield
Friday, October 29, 2021Orcadian Energy has received three expressions of interest for the provision of an FPSO vessel for the Pilot development in the UK North Sea.

PetroRio Extends Cluster Life With Production Start From New Well
Thursday, October 28, 2021PetroRio started production from one more well on the Tubarão Martelo field off Brazil in an attempt to extend the life of the cluster.

Repsol Brings Yme Online
Wednesday, October 27, 2021The company said the achievement of first oil was a true testament to the lean operations of the Yme New Development project.

Equinor Boosts Gas Exports
Wednesday, October 27, 2021The Norwegian giant has halted the re-injection of gas that had been used to boost oil output at the Gina Krog field, and will export the fuel instead.

Saudi to Use $110B Gas Field for Blue Hydrogen
Monday, October 25, 2021A large portion of gas from the $110 billion Jafurah development will be used for blue hydrogen.

Eni Launches SAF Production
Friday, October 22, 2021Eni SAFs are produced exclusively from waste and residues.

Shell Starts Production From Arran Gas Field
Thursday, October 21, 2021Shell started production from the Arran gas and condensate field in the UK North Sea, one of the fields linked to the Shearwater hub.

BW Energy Starts Production From Tortue Phase 2 Off Gabon
Wednesday, October 20, 2021BW Energy has started production from the Tortue Phase 2 field development in the Dussafu Marin license offshore Gabon.

Permian Oil Production Near Pre-Covid Record Numbers
Tuesday, October 19, 2021Oil output in America’s most prolific shale patch is getting closer to levels seen before the pandemic-driven market crash, as crude prices surge.

Ineos to Invest $2B+ in Green Hydrogen Across Europe
Tuesday, October 19, 2021The company revealed that its first plants will be built in Norway, Germany and Belgium.

Energy Crisis Chatter to Accelerate
Monday, October 18, 2021Rigzone's regular energy prognosticators highlight the global natural gas situation, emerging cold weather patterns, price projections and more.

OPEC+ Fails to Meet Production Target
Monday, October 18, 2021OPEC and its allies once again failed to pump enough oil to meet their output targets.

California County Loses Bid to Reinstate Frac Ban
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.

BP To Buy All Crude Oil From Cliff Head Field
Friday, October 15, 2021BP has agreed to buy all crude oil produced from Triangle Energy-operated Cliff Head field offshore Australia.

Guyana-Bound FPSO Enters Drydock In Singapore (VIDEO)
Thursday, October 14, 2021FPSO Prosperity, set to work on ExxonMobil’s Payara development offshore Guyana, has reached drydock at a yard in Singapore.

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