Don't display this message again [x]

Dear User,

On March 28, 2015 OilCareers and Rigzone will be coming together to provide you with access to the world’s largest resource for Oil and Gas news, jobs and industry insights.

We have recently updated our Terms & Conditions to accommodate these changes. Please read them carefully. By using the Site, you agree to be bound by these terms and conditions. These Terms and Conditions are effective as of March 30, 2015.

Finance & Investing
News Services
Get free industry updates via email.
Daily News
Weekly News
Equipment Updates
Weekly Job Register
Monthly Event Guide
Our privacy


Buzzard Production Levels to Return to Normal by Midweek

change text size

LONDON--Production from the key U.K. Buzzard oil field should resume by midweek after it experienced an outage over the weekend, the field operator said Monday.

Nexen Inc., a unit of China's Cnooc Ltd. (CEO), said: "We are now preparing to restart the plant and expect production to return to normal levels by mid-week."

Production over the weekend at Buzzard, which Nexen says is the second-largest oil producer in the U.K. North Sea, was intermittent due to equipment failure.

A London-based trader said Nexen operators were trying to restart the field Monday.

In 2012, Buzzard generated around 160,000 barrels a day of oil equivalent.

A prolonged and total closure of the field in 2012 had major consequences for the U.K., helping to tip it back into recession in the final three months of the year.

Extractive industries, which include mining and quarrying but to which North Sea oil and gas comprise the bulk, contribute 2.4% of total U.K. gross domestic product, according to the Office for National Statistics.

Oil from Buzzard flows to shore via the Forties pipeline system.

Copyright (c) 2012 Dow Jones & Company, Inc.


Post a Comment Generated by readers, the comments included herein do not reflect the views and opinions of Rigzone. All comments are subject to editorial review. Off-topic, inappropriate or insulting comments will be removed.

Related Companies

Most Popular Articles
From the Career Center
Jobs that may interest you
Staff Reliability Engineer (Instrumentation)
Expertise: Production Operator|Reliability Engineer
Location: Colonial Heights, VA
Pumper Lease Operator - Big Lake, TX
Expertise: Gas Plant Operations|Production Operator
Location: TX
Production Engineer
Expertise: Production Engineering
Location: Alvin, TX
search for more jobs