Source: Apache Corp.
Apache Corporation (NYSE:APA) reported that interim repair work on the Forties Bravo to Charlie pipeline was completed on March 6, 2011.
Production from Forties Bravo is ramping up to approximately 50 percent of the pre-outage rate of 11,600 barrels of oil per day.
The replacement pipeline is scheduled for completion during September 2011, when the balance of the oil production is forecast to be restored.
Apache has been operating in the Forties Field in the United Kingdom sector of the North Sea since 2003.