Saudi Aramcos crude oil output in 2011 increased to 9.1 million barrels per day (bpd), up from 7.9 million a year earlier, the oil giants 2011 annual review has revealed
Exploration & Production
Heritage Oil celebrates successful drilling of Miran West-3 well
Heritage Oil has announced the successful completion of drilling and testing at the Miran West-3 well in Iraqi Kurdistan
Genel to acquire new acreage in Iraqi Kurdistan
Genel Energy will spend US$175 million to acquire a 23 per cent stake in the Bina Bawi exploration licence in Iraqi Kurdistan as it looks to expand its growing presence in the region
Iraq oil production set to surpass Iran
Iraqs oil production has surpassed three million bpd as the country prepares to overtake Iranian production by the end of the year
DNO reserves estimate hits 502 million barrels
Norway-based DNO International has updated its estimate of proved and probable working interest reserves to 502 million barrels of oil and 165 billion cubic feet of gas at March 31, 2012, up from a total of 372 million barrels of oil at December 31, 2011
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