Production News

The latest upstream oil and gas news from around the world.

  1. US Shale Gas Swamps Market

    Natural gas futures tumbled to the lowest in almost three years.

  2. Venezuela Oil Output Is Said to Drop by Half

    Power failures that plunged Venezuela into darkness for much of March also briefly slashed the country's crude production by half, according to people familiar with the situation.

  3. Bahrain Seeks US Partners for Offshore Shale Discovery

    The kingdom, whose capital Manama appears above, is pursuing another oil and gas industry first.

  4. Lundin to Go Ahead with Rolvsnes EWT

    Lundin Norway agrees to proceed with an extended well test on the Rolvsnes weathered and fractured basement discovery on the Utsira High.

  5. Aramco Reveals Steep Output Dip at Super-Giant Oil Field

    Now the market finally knows: Ghawar in Saudi Arabia, the world's largest conventional oil field, can produce a lot less than almost anyone believed.

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