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IHS Markit: Permian set output mark in 2017
The Permian basin in West Texas and southeastern New Mexico produced a record of at least 815 million bbl of oil during 2017, which exceeded its previous record of 790 million bbl set in 1973, said IHS Markit. Source: News
Repsol starts Sagari gas field in Peru
Repsol has brought Sagari gas-condensate field on stream on Block 57 in Peru. Source: News
Iraq forms panel to operate Majnoon field
The Iraqi government is forming an executive committee to operate giant Majnoon oil field after the withdrawal of Royal Dutch Shell (OGJ Online, Oct. 30, 2017). Source: News
Catcher oil field starts flow off Aberdeen
Production has begun at Catcher oil field off the UK at an initial rate of 10,000 b/d, expected to climb to 60,000 b/d in first-half 2018 as nearby Varadero and Burgman fields are brought online (OGJ Online Nov. 17, 2017). Source: News