Production has Been Restored on PetroQuest's Main Pass 74 Field

Main Pass - Coastal Louisiana
(Click to Enlarge)
PetroQuest Energy says that production has been restored in its Main Pass 74 field. The Company is currently ramping up production, which is expected to be back at pre-shut in rates within a few days. The Main Pass field, which comprised approximately 16% of the Company's total second quarter production, has been shut in due to mechanical problems with a third party pipeline that occurred two weeks ago.

"We are pleased with the restoration of production at Main Pass, and we anticipate producing at record rates as a Company in the near future," said Charles T. Goodson, Chairman, Chief Executive Officer and President. "We will never be able to entirely avoid risks related to our oil and gas production. However, we have continued to grow production while diversifying into longer-lived basins and disposing of approximately 60% of our offshore fields, which has dramatically reduced our exposure to the Gulf Coast basin."

Related Companies

Our Privacy Pledge

Most Popular Articles

From the Career Center
Jobs that may interest you
Substation Field Engineering Intern Job
Expertise: Field Development|Field Service Tech|Student / Recent Grad
Location: Littlefield, TX
HR Advisor
Expertise: Cementing|HR - General
Location: Mt Braddock, PA
HR Advisor
Expertise: HR - General|Well Control
Location: Punxsutawney, PA
search for more jobs

Brent Crude Oil : $51.78/BBL 0.77%
Light Crude Oil : $50.85/BBL 0.83%
Natural Gas : $2.99/MMBtu 4.77%
Updated in last 24 hours