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May 2016

Vol 21, No. 18 Week of May 01, 2016

Power outage hits Prudhoe Bay

The Prudhoe Bay oil field had a power outage which reduced production on April 24.

BP said in an April 25 statement that crews were in the process of restarting production. There were no injuries or damage to the environment from the incident.

“We are working diligently and expect to bring all of the affected oil processing facilities back into service over the next two days,” the company said.

“Oil production will gradually ramp back up afterwards.”

BP said safety remains “our highest priority as we move through the process.”

Data posted by the Department of Revenue’s Tax Division show Prudhoe production dipping to 150,086 barrels April 24 and then to 57,781 barrels April 25. By April 26, the last date posted prior to this issue going to print, the daily production was 135,780 barrels.

Volumes reported by the Tax Division for Prudhoe include satellites at the field and production from the Hilcorp Alaska-operated Milne Point and Northstar fields.

Prudhoe production was 298,705 bpd April 23, the day prior to the power outage.

- Petroleum News






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