ONGC of Brazil Project Commenced
State-run Oil and Natural Gas Corporation’s deep-sea project in Brazil has begun crude oil production and output is projected to touch 1,00,000 barrels a day soon. For full story, click here
Articles Tagged "output"
Chevron has set eyes on Saudi Oil Project Expansion in 2017
U.S. oil major Chevron may deploy a technique to boost oilfield output across the neutral zone between Kuwait and Saudi Arabia in 2017. For full story, click here
Total SA forecasted 10% of Output from heavy oils in 15 years
Total SA, Europe’s third-leading oil company, declared heavy oil from Canada and Venezuela will make up about 10 percent of its output and 15 percent of reserves within 15 years. For full story, click here
Suncor Energy declared oil-sands production numbers for April, 2009
Suncor Energy Inc. declared that output at its oil sands facility during April averaged approximately 304,000 barrels per day. Year-to-date oil sands production at the end of April averaged approximately 284,000 bpd. Suncor is targeting average oil sands production of 300,000 bpd. For full story, click here
Saudi Arabia recommends oil price between $60-$75
Saudi Arabia announced that it is willing to keep oil output below its OPEC quota level of about 8 million barrels a day unless consumers want more. Saudi oil minister, Ali al-Naimi, said: When customers demand heavy oil which gives us less revenue and we offer them light crude, they say they don’t want it, [...]
Kern produces about 80,000 barrels a day
Kern produces about 80,000 barrels a day from 8,000 producing wells, meaning that on average, each well produces about 10 barrels of oil a day. For full story, click here
Kuwait lowers heavy oil target after new finds
Kuwait has reduced its output plan for heavy oil from northern fields after recent gas and light crude discoveries, an oil official said in published remarks. For full story, click here
Breaker Energy posts record output in Q3
Breaker Energy Ltd. posts its financial and operating results for the quarter ended September 30, 2008. For full story, click here For company’s website, click here
