Overview

In detail:

  • the oil and natural gas production started by major projects
  • the table with data on countries with production activities

Production activities: 2016 key facts

In 2016, oil and natural gas production averaged 1,759 kboe/d, in line with 2015, in spite of Val d’Agri shutdown. New fields’ start- ups and production ramp-ups at fields started up in 2015 mainly in Angola, Egypt, Kazakhstan, Norway and Venezuela as well as increased production in Iraq were partly offset by planned facilities downtime, mainly in the United Kingdom, and the mature fields declines. The share of oil and natural gas produced outside Italy was 92% (90% in the full-year 2015). Liquids production (878 kbbl/d) decreased by 30 kbbl/d, or 3.3%, due to the production shutdown in the Val d’Agri profit center, planned facilities downtime and the mature fields decline. These negatives were partially offset by new fields start-ups and production ramp-ups in particular in Angola, Kazakhstan and Norway as well as higher production in Iraq.

Sale growth and productive wells

Natural gas production (4,807 mmcf/d) increased by 126 mmcf/d, or 2.3%. Higher production in Egypt and Venezuela were partially offset by planned facilities downtime and the decline of mature fields. Oil and gas production sold amounted to 608.6 mmboe. The 35.2 mmboe difference over production (643.8 mmboe) reflected volumes of natural gas consumed in operations (32.1 mmboe), changes in inventories and other factors. Approximately 68% of liquids production sold (320 mmbbl) was destined to Eni’s mid- downstream sectors. About 22% of natural gas production sold (1,574 bcf) was destined to Eni's Gas & Power segment. Eni keeps on monitoring its productive activities in order to ensure all the necessary measures for more efficient operations management.

In 2016, oil and gas productive wells were 9,399 (3,737.6 of which represented Eni’s share). In particular, oil productive wells were 6,673 (2,494.7 of which represented Eni’s share); natural gas productive wells amounted to 2,726 (1,242.9 of which represented Eni’s share).

The table with data on the production of Eni hydrocarbons in the Countries

COUNTRIES WHERE ACTVITIES IN PRODUCTION ARE ON GOING
2016Production net to EniCountry Production
LiquidsbNatural gascLiquidsbNatural gasd
Algeria 77 115.5 1,921 86.58
Angola 109 78.1 1,82 0.67
Australia 3 113.9 515 51.39
China 2 2 4,103 96.6
Croatia - 26.5 20 2.59
Ecuador 10 - 468 0.51
Egypt 76 597.4 739 60.06
Indonesia 4 67.3 975 91.47
Iraq 67 - 3,419 6.98
Italy 47 471.2 108 8.11
Kazakhstan 65 254 1,688 37.83
Libya 84 1,464.8 1,661 15.39
Nigeria 68 266.8 2,436 32.06
Norway 86 258.3 2,151 108.73
Pakistan - 172.1 61 30.26
Republic of Congo 71 148.5 292 0.06
Trinidad and Tobago - 69.7 113 41.98
Tunisia 7 19.4 87 3.2
Turkmenistan 9 6 196 43.17
UK 23 217 860 39.15
United States 59 186.7 7,805 600.15
Venezuela 14 254.8 2,438 24.5
(b) kbbl/d
(c) mmcf/d
(d) Billion cubic metres
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