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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. Iran joins other OPEC members in pressuring OPEC to cut oil production

      Online Articles

      Wed, 15 Apr 2015

      s November 2014 decision to maintain its current oil production levels has resulted in an almost 50% global oil price ..... Algeria also called for the organization to lower its oil production in order to increase global oil prices.

    2. IHS: Historic gains in US oil production may come to a halt in 2015

      Online Articles

      Tue, 3 Feb 2015

      Stunning growth in US oil production may come to a halt by mid-2015 ..... prices begin to constrain US tight oil production , which has been the dominant ..... possibility of month-to-month US oil production growth coming to a halt in the

    1. Bakken and Eagle Ford shale oil production flat in February

      Online Articles

      Thu, 19 Mar 2015

      In February, shale oil production in the Bakken and Eagle Ford shale ..... Texas, Eagle Ford basin crude oil production averaged 1.6 million barrels ..... Energy. Additionally, crude oil production in the North Dakota section of

    2. 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

    3. 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

    4. 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 .

    5. 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 ..... recovery can now begin. But in terms of physical oil production there is not much that can be done in the short term

    6. 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

    7. 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

    8. 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