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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. 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

    2. 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 .

    1. 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

    2. 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

    3. 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

    4. 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

    5. 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

    6. 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

    7. 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

    8. Bakken oil production forecast to top 1MMbpd in December

      Online Articles

      Fri, 15 Nov 2013

      Bakken oil production from DPR The latest monthly update of estimated crude oil production in the Bakken region of North Dakota ..... for a little over 10% of total US oil production and is expected to be the fourth region