Murphy Says Downtime at Medusa Field Could be 5 Weeks

Murphy Oil reports that production downtime at the Medusa field, located in Mississippi Canyon Blocks 538 and 582, could be as much as five weeks to remove a platform workover rig that incurred damage during Hurricane Ivan. The Medusa SPAR incurred minor damage that will also be repaired during this interval. The Medusa development is located in 2,200 feet of water and consists of a spar facility capable of handling 40,000 barrels of crude oil and 110 million cubic feet of natural gas a day. Murphy is the operator of the field and holds a 60% interest with partners Eni Petroleum (25%) and Callon Petroleum Company (15%).
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