The Basker Manta Joint Venture is says that production from the Basker and Manta Oil fields has been restored to continuous rates in excess of 12,000 bbls/d.

As reported last week, the mooring for the shuttle tanker has been re-instated and normal operations resumed over last weekend. The wells and production facilities have been ramped up gradually and a combined production rate is presently 12,600 bbls/d and increasing.

Produced gas of approximately 32 million standard cubic feet is being reinjected via the large centrifugal compressor into Basker-4 to minimize flaring. All operations are running smoothly and safely. This announcement marks the cessation of the production interruption following the mooring failure 4 months ago. The financial impact of this interruption, both repairs and production revenue, has been mitigated with the JV’s full insurance cover.

A cargo of crude in excess of 300,000bbls on the shuttle tanker Basker Spirit is planned to be sold to the Shell Geelong refinery at the end of this month.

Tags: Anzon Energy Limited