Santos Recommences Production at Mutineer-Exeter Oil Fields
Posted on: Tuesday, 25 March 2008, 12:00 CDT
Australian oil and gas firm Santos has recommenced production at the Mutineer-Exeter oil fields following the successful completion of electrical repairs on the floating production, storage and offloading platform.
Mutineer-Exeter was shutdown for temporary repairs in early February 2008 following electrical damage which rendered the subsea pumps inoperable. Full electrical repairs are expected to be completed in 2009.
Santos said that forward production is expected to achieve 20,000 to 22,000 barrels of oil per day gross, in line with previous guidance.
A workover program on Mutineer-Exeter is expected to commence in the second quarter of 2008 to further enhance production from the fields.
Source: Datamonitor
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