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2018, April, 11, 13:20:00
U.S. GAS PRODUCTION RECORD
EIA - Two out of three of EIA’s measures of natural gas production in the United States set records in 2017. U.S. natural gas production measured as gross withdrawals reached 90.9 billion cubic feet per day (Bcf/d) in 2017, the highest volume on record according to EIA’s Monthly Crude Oil, Lease Condensate, and Natural Gas Production Report. U.S. natural gas production measured as marketed natural gas production also reached a new high, but dry natural gas production did not exceed 2015 levels.
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2018, April, 11, 13:05:00
IRAN'S OIL GAS
EIA - Iran holds the world’s fourth-largest proved crude oil reserves and the world’s second-largest natural gas reserves. Despite its abundant reserves, Iran’s crude oil production has undergone years of underinvestment and effects of international sanctions. Natural gas production has expanded, the growth has been lower than expected. Since the lifting of sanctions that targeted Iran’s oil sector, oil production has reached more than 3.8 million barrels per day in 2017.
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2018, April, 9, 11:35:00
OPEC - RUSSIA UNLIMITED
PLATTS - Russia is willing to work with the OPEC coalition indefinitely to regulate global oil supplies and has advocated the creation of a new global body to monitor crude markets, the country's energy minister said.
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2018, April, 9, 11:25:00
OPEC OIL PRODUCTION DOWN TO 32.14 MBD
PLATTS - OPEC oil output in March fell to 32.14 million b/d, its lowest level in 11 months, led by declines in seven out of the 14 member countries,
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2018, April, 9, 11:00:00
U.S. RIGS UP 10 TO 1,003
BAKER HUGHES A GE - U.S. Rig Count is up 10 rigs from last week to 1,003, with oil rigs up 11 to 808, gas rigs unchanged at 194, and miscellaneous rigs down 1 to 1.
Canada Rig Count is down 23 rigs from last week to 111, with oil rigs down 23 rigs to 48 and gas rigs unchanged at 63.
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2018, April, 6, 18:15:00
U.S. OIL PRODUCTION UP 5%
EIA - Annual average U.S. crude oil production reached 9.3 million barrels per day (b/d) in 2017, an increase of 464,000 b/d from 2016 levels after declining by 551,000 b/d in 2016. In November 2017, monthly U.S. crude oil production reached 10.07 million b/d, the highest monthly level of crude oil production in U.S. history.
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2018, April, 6, 18:00:00
WORLDWIDE RIG COUNT DOWN 92 TO 2,179
BAKER HUGHES A GE - The worldwide rig count for March 2018 was 2,179, down 92 from the 2,271 counted in February 2018, and up 194 from the 1,985 counted in March 2017.
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2018, April, 4, 09:30:00
85% GLOBAL OIL DEAL
BLOOMBERG - The global deal to rein in oil output has removed “85 percent of the problem” of oversupply, and OPEC and allied producers are seeking ways to cooperate after the agreement ends, according to United Arab Emirates Energy Minister Suhail Al Mazrouei.
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2018, April, 4, 09:25:00
RUSSIA EXECUTES THE AGREEMENT
PLATTS - Russia is planning to fully comply with its commitment to cut oil output under the OPEC/non-OPEC deal this month, Russian energy minister Alexander Novak said Tuesday, the Prime news agency reported.
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2018, April, 4, 09:20:00
SOUTH CHINA SEA TENSION
BLOOMBERG - Vietnam’s state-owned oil company said South China Sea tensions will hurt oil and gas exploration and efforts to attract foreign investment to offshore fields.
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2018, April, 4, 09:15:00
IRAQ'S OIL PRODUCTION: 6.5 MBD
PLATTS - Iraq has adjusted its crude oil production capacity target and is now aiming to achieve 6.5 million b/d by 2022, oil minister Jabbar al-Luaibi said Monday.
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2018, April, 4, 09:05:00
STATOIL CONTRACTS: NOK 12 BLN
STATOIL - Statoil has awarded drilling contracts to Archer, KCA Deutag and Odfjell Drilling for drilling, completion, intervention services, plugging, maintenance and modifications on 18 of Statoil’s fixed platforms.
![OPEC President Says Russia Has Been 'Great Partner' on Cuts](https://img.youtube.com/vi/UqK5NhMM1_4/0.jpg)
2018, April, 3, 18:46:00
OPEC President Says Russia Has Been 'Great Partner' on Cuts
OPEC President Says Russia Has Been 'Great Partner' on Cuts
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2018, April, 2, 09:35:00
U.S. OIL PRODUCTION UP 1.14 MBD
EIA - US oil production averaged 9.964 million b/d in January, up nearly 1.14 million b/d compared with January 2017, but about 102,000 b/d below November's record domestic output,
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2018, April, 2, 09:30:00
IRAQ'S OIL EXPORTS: 3.45 MBD
REUTERS - Iraq exported 3.453 million barrels per day (bpd) of crude oil from its southern ports in March, slightly above the February average, the oil ministry said on Sunday.