Production News

The latest oil and gas news from around the world.
  1. U.S. crude oil production reached a new all time high of 12.2 million barrels per day in May.
  2. OPEC is poised to extend oil-output cuts for the rest of the year when its members meet next month.
  3. Production efficiency on the UK Continental Shelf improved for the sixth consecutive year in 2018.
  4. Permian oil production is forecasted to hit 4.226 million barrels per day next month.
  5. Natural gas had a bonanza year in 2018, according to BP's latest statistical review of world energy.

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