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Apache Corp. Message Board

  • MisterSavvy MisterSavvy Feb 17, 2011 11:09 PM Flag

    Production Shut Down

    <<Feb 18 (Reuters) - Apache Corp said on Friday it has halted production at its Van Gogh oil field off the coast of Western Australia due to Cyclone Dianne.

    Production at the Van Gogh field was restarted early last week after being shut in mid-January for maintenance on a production vessel.>>

    Is this insignificant or major?


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    • Rodney Eichler

      Thank you, John. International production volumes in the fourth quarter were down 5% sequentially driven by facility outages in Australia and the North Sea. In Australia, Van Gogh was impacted by essential maintenance activities on the FPSO turret swivels and turret mooring system. Net fourth quarter production of 6,100 barrels of oil per day was down 17,600 barrels a day from the third quarter. Production resumed on February 7 and was 21,000 net barrels of oil per day earlier this week. Production has been temporarily shut down since last night due to proximity of Cyclone Dianne. We expect production to decline naturally during 2011 as originally planned.

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