Thursday August 24, 2006 
Thursday August 24, 2006
Prudhoe Bay output down on hitch
BP said that oil production at its Prudhoe Bay oilfield in Alaska, already running at half capacity due to pipeline corrosion, has been cut by 90,000 barrels per day (bpd) for several days due to a technical fault. A company spokesman said output at the biggest oilfield in the United States had been reduced to 110,000 bpd after a natural gas compressor in Gathering Center 2 failed. "We anticipate that fixing the compressor will require several days," said BP spokesman Daren Beaudo.
The field had previously been pumping about 200,000 bpd, around half its normal output, after the discovery of serious corrosion in a pipeline led BP to shut down the eastern half of Prudhoe Bay earlier this month. The spokesman said no-one was hurt and no oil was spilled in the latest incident to beset the field, which has added to worries over an oil market strained by reduced Nigerian supply and fearful of potential disruptions in the Middle East.
See also :
1. BP sees Alaska repairs costing $100 million
2. Investors sue BP execs over Alaska shutdown
(2006-08-24 12:44:39 SGT)
[Energy]
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