US Oil Production Rose by 100,000 Barrels a Day in a Week
US oil production for the week ended April 28 increased by 100,000 barrels per day to 12.3 million barrels per day, according to a weekly review by the Energy Information Administration of the country’s Energy Department. On average, over the past four weeks, US oil production amounted to 12.275 million …
Kommersant Reported a 10% Decrease in Gas Production in the First Quarter
In the first quarter of this year, gas production in Russia fell by 10% compared to the same period last year, to 180 billion cubic meters. m. This was reported by the Kommersant newspaper, citing sources familiar with the statistics. In March, production also decreased by about 10% and amounted …
Erdogan: Oilfield Found in Turkey, Which Will Bring the Country 100,000 Barrels Per Day
A new oil field has been discovered in Turkey, from which about 100,000 barrels per day can be produced, Turkish President Recep Tayyip Erdogan said on Tuesday. “We found oil in the Gabar region at a depth of 2.6 km. The production capacity of the field is 100,000 barrels per …
Lukoil’s Hydrocarbon Production Grew by Seven Percent in 2022
Lukoil’s hydrocarbon production in 2022 increased by 7%, excluding the West Qurna 2 project, to 2.3 million barrels of oil equivalent per day, according to the company’s annual report. “At the end of 2022, the group’s hydrocarbon production amounted to 2.3 million barrels of oil equivalent per day, of which …
Head of the Ministry of Energy Noted the Growth of Capital Investments in Oil Production
According to the results of 2022, the capital investments of Russian vertically integrated oil companies (VIOCs) in oil production increased by 1.2 times, or by about 20%, to 1.818 trillion rubles, follows from the presentation of the head of the Ministry of Energy of the Russian Federation Nikolay Shulginov to …
Petrosibir: Production report February 2023
Petrosibir’s total oil production during February 2023 amounted to 20,699 barrels, equivalent to 739 barrels per day. The table below summarises the average monthly / daily production in 2023 and per month in 2022, broken down by region. 2022 2023 Average Jan Feb Total production Bashkiria 6 683 6 005 …
United States Predicted a Record Production of Shale Oil in April
Oil production at the seven largest US shale deposits in April could reach its highest since December 2019, the Energy Information Administration (EIA) of the US Department of Energy said on Monday. It is estimated that shale oil production could rise by 68,000 barrels per day – the slightest increase …
OPEC Raises Estimate of Oil Production Outside the Organization in 2023
OPEC raised its estimate of oil production outside the organization in 2023 by 190,000 barrels per day, expecting its growth compared to 2022 to 67.2 million barrels per day, follows from the March report of the organization. The estimate of the indicator in the first quarter increased by 350,000 barrels …
United States Oil Production is Expected to Rise in Large Oil and Gas Regions of the Country in March
Oil production in the main oil and gas producing regions of the United States, in which a significant part of the production is shale oil, will rise in March compared to the current month by 75 thousand barrels per day, or 0.8%, to 9.357 million barrels, the Energy Information Administration …
Petrosibir Production report January 2023
Petrosibir’s total oil production during January 2023 amounted to 23,088 barrels, equivalent to 745 barrels per day. The table below summarises the average monthly / daily production in 2023 and per month in 2022, broken down by region. 2022 2023 Average Dec Jan Total production Bashkiria 6 683 5 940 …