Apache Shuts-In Production at Van Gogh Field

Apache reported that the Van Gogh Field, offshore Australia, is currently shut-in for unplanned maintenance but is expected to resume production shortly.

Ningaloo Vision, the floating production storage and offloading (FPSO) vessel, has been shut-in while repairs are underway, according to sources familiar with the matter.

Exports may resume end of December or early January, delaying up to six 400,000-barrel cargoes of crude scheduled to be loaded in October and November, reported one of the sources.

The Van Gogh field is located 53 kilometers northwest of Exmouth and had produced a total of 7 million barrels as of June 30. The field was expected to hit a peak production of 40,000 barrels per day.

Apache, operator of the Van Gogh field, holds a 52.5 percent stake, while Inpex holds the remainder.