Olowi midwater arch repaired, production resumes offshore Gabon

Offshore staff

CALGARY, Canada – Canadian Natural Resources (CNR) has reinstated production at the Olowi field offshore Gabon.

The temporary suspension was caused by the failure of a midwater arch supporting production and gas-lift flowlines and the main power line. This has since been re-secured following a thorough evaluation/testing program.

Output was restored at the Olowi platform C, and CNR now targets production from platforms A and B by late-September.

The outage impacted the company’s second-quarter West Africa oil production, which averaged 21,334 b/d, down 16% from the 1Q 2011 figure.

In the UK North Sea, CNR’s 2Q 2011 North Sea oil production also was down on the prior quarter figure at 32,866 b/d due to natural field declines.

But second-quarter output was above the company’s expectations, partly because of strong performance from the Olive Oyl well which came online last December.

Following the UK government’s decision in March to increase corporate income tax on profits from UK North Sea production from 50% to 62%, CNR has scaled back its development activities in the sector.

It is now maintaining one drilling string, down from the two originally planned. It has also cancelled drilling activity at the Murchison field this year and initiated decommissioning plans for the field’s platform.


Did You Like this Article? Get All the Energy Industry News Delivered to Your Inbox

Subscribe to an email newsletter today at no cost and receive the latest news and information.

 Subscribe Now


Logistics Risk Management in the Transformer Industry

Transformers often are shipped thousands of miles, involving multiple handoffs,and more than a do...

Secrets of Barco UniSee Mount Revealed

Last year Barco introduced UniSee, a revolutionary large-scale visualization platform designed to...

The Time is Right for Optimum Reliability: Capital-Intensive Industries and Asset Performance Management

Imagine a plant that is no longer at risk of a random shutdown. Imagine not worrying about losing...

Going Digital: The New Normal in Oil & Gas

In this whitepaper you will learn how Keystone Engineering, ONGC, and Saipem are using software t...