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Oil Production

Oil Production news and technical articles from Oil & Gas Financial Journal. Search Oil Production latest and archived news and articles

  1. Shale oil production from Bakken, Eagle Ford up 2.1% in September

    Online Articles

    Mon, 20 Oct 2014

    Oil production from shale formations in North Dakota ..... In South Texas, Eagle Ford shale oil production was 38.3% higher than September 2013 ..... 2013 to September 2014, total US crude oil production has increased by more than 1.5 million

  2. Tight oil production pushes US crude supply to over 10% of world total

    Online Articles

    Wed, 26 Mar 2014

    National Energy Board US tight oil production averaged 3.22 million barrels ..... was enough to push overall crude oil production in the United States to an average ..... February 2014, 63% of U.S. tight oil production came from two basins: the Eagle

  1. Shale drilling boosts US crude oil production to highest level in 15 years

    Online Articles

    Tue, 4 Dec 2012

    US crude oil production (including lease condensate) averaged ..... Texas. North Dakota’s increase in oil production comes from the Bakken shale formation in ..... contributing to the rise in domestic crude oil production .

  2. Yergin: Death of Qaddafi will have limited impact on Libyan oil production

    Online Articles

    Thu, 20 Oct 2011

    the wall for some time in this conflict, and Libyan oil production had already started to recover from the near total disruption ..... national recovery can now begin. But in terms of physical oil production there is not much that can be done in the short term

  3. Chestnut acquires Willamar Field, nearly doubles oil production

    Online Articles

    Wed, 27 Aug 2014

    Production Inc. has acquired the Willamar West Unit in Willacy County, Texas, which increases the company’s oil production by 91%. The 1,720 gross acre unit was acquired by Chestnut Exploration & Production Inc. with the Chestnut Production

  4. BP starts West Chirag oil production in Caspian Sea

    Online Articles

    Mon, 3 Feb 2014

    BP says oil production has started from the new West Chirag platform in the Azeri sector of the Caspian Sea. The platform was commissioned for the

  5. Chevron confirms first oil production from Papa-Terra offshore Brazil

    Online Articles

    Tue, 12 Nov 2013

    The Brazilian subsidiary of Chevron Corp. (NYSE: CVX), along with Petrobras, have started crude oil production from Papa-Terra's floating production, storage and offloading vessel (FPSO) offshore Brazil. Chevron holds a 37.5% interest

  6. BHP Billiton begins oil production from Ravenworth field, offshore Australia

    Online Articles

    Wed, 1 Sep 2010

    INPEX Corp., through its wholly-owned subsidiary INPEX Alpha Ltd., has commenced crude oil production from the BHP Billiton operated Ravensworth field in the production license area WA-43-L offshore Western Australia. The Ravensworth

  7. Petrobras sets monthly oil production record in Brazil

    Online Articles

    Wed, 21 Oct 2009

    Petrobras' average oil production in Brazil in September, 2,003,940 barrels per day, set a monthly record, surpassing the previous mark set in March 2009 by

  8. US and Canada oil production outpacing Middle East by 4 to 1

    Online Articles

    Thu, 12 Jun 2014

    renaissance of North American gas and oil production is the critical supply-side ..... that the growth of North American oil production will outpace the Middle East by ..... Mtoe in the Middle East, where oil production will accelerate, mainly driven