Russian oil output declined to 11.298 million barrels per day (bbl/d) last month, energy ministry data showed on April 2, missing the target set under a global deal to cut oil production.
The March output was down by around 112,000 bbl/d from the October 2018 level, the baseline of the global deal. Under the agreement, Russia has pledged to cut its oil output by 228,000 bbl/d from that level.
In tonnes, Russian oil production reached 47.78 million tonnes. Reuters uses the 7.33 barrels/tonnes ratio.
Russian Energy Minister Alexander Novak said April 2 that the country's oil production in April would be in line with the global deal between OPEC and non-OPEC countries.
The ministry said separately that by the end of March Russia cut production by 225,000 bbl/d from the average October 2018 level.
The data showed that Russia's largest oil producer, Rosneft , cut its output by around 0.45% in March from February.
Producers, listed as "other" than majors, reduced their production in March by 0.63% in March, month-on-month.
OPEC and other large global oil producers led by Russia agreed to cut their combined oil production by 1.2 million bbl/d starting from Jan. 1 for the next six months.
OPEC oil supply sank to a four-year low in March, a Reuters survey found, as top exporter Saudi Arabia over-delivered on the group's supply-cutting pact, while Venezuelan output fell further due to sanctions and power outages.
The biggest drop in supply came from Saudi Arabia, OPEC's biggest producer, which pumped 220,000 bbl/d less than in February, the survey showed.
Sources told Reuters that Saudi Arabia is having a hard time convincing Russia to stay much longer in the OPEC-led pact, and Moscow may only agree to a three-month extension.
Devon Energy had been actively shopping the Permian Basin assets, and others in the Rockies, the past several months.
A big crowd turned out for an afternoon honoring industry leaders representing all facets of the energy sector.
Production from Occidental Petroleum's Permian Basin unit rose 57% to 250,000 boe/d in the fourth quarter, boosted by its investments in the basin.