Tag Archives: Production

Oil rigs have seen a loss of 106 rigs year on year. with gas rigs down 20 since this time last year.

A shutdown in the rigs will put pressure on Nicolas Maduro’s administration.

South Pars is the world’s largest gas field.

Current data shows there are more than two billion barrels of oil equivalent in near-field opportunities that could potentially be unlocked.

Horns Rev 3 is expected to generate enough electricity to power 425.000 households.

OPEC and its allies have a deal to limit supply until March 2020.

ONGC'.s offshore output fell 4.5% to 1.22 million tonnes. while onshore production slipped 0.1% to 0.51 million tonnes.

Iran is among the 15 leading power generating countries of the world.

US gasoline and distillate stockpiles rose more than expected last week.

The US is set to account for 61 percent of all new oil and gas production over the next decade.