Pemex To Restore Oil Output Lost To Platform Fire By Aug 30

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  • Pemex targets restoring oil output lost to platform fire by Aug 30
  • the accident in the southern Gulf of Mexico knocked 125 wells offline, totaling 421,000 barrels per day (BPD) of lost output
  • 35 wells that produce 71,000 barrels per day have been recovered
  • the deadly accident “may slow” Pemex’s production growth rate

Mexican state oil firm Petroleos Mexicanos (Pemex) expects to resume by Aug. 30 all oil production shut down by a deadly fire on an offshore platform says an article published on Reuters.

Offshore platform fire

Five workers were killed, two are missing and six injured in a fire on Sunday on the offshore platform that is part of Pemex’s most productive oil field Ku-Maloob-Zaap. The accident in the southern Gulf of Mexico knocked 125 wells offline, totaling 421,000 barrels per day (BPD) of lost output, or about 25% of Mexico’s total production.

Recovery and reestablishment

So far 35 wells, which produce 71,000 BPD, have been brought back online. “We can report that 35 wells that produce 71,000 barrels per day have been recovered and that we will reestablish 110,000 additional barrels (per day) by opening another 29 wells in the next 36 hours,” said Romero.

May slow growth rate

“By next Monday (Aug. 30) we expect to reestablish all of the affected production,” he said. Ratings agency Fitch said in a statement that the deadly accident “may slow” Pemex’s production growth rate.

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Source: Reuters