Posted 1/8/2014 11:17 am
Updated 3 months ago
Murphy Oil Corp. of El Dorado on Wednesday updated production guidance for drilling offshore Malaysia, noting that some repairs following a fire would affect work there.
In a news release, the company increased guidance for fourth-quarter 2013 production to 205,000 barrels of oil equivalent per day from 199,000. The company attributed the increase to a new construction schedule at its Kikeh Floating Production Storage and Offloading platform. The schedule was brought on by weather and execution delays during the quarter.
Murphy also said Kikeh production will be affected by "a recent isolated fire on a contracted tender supported rig" moored there.
"The fire will necessitate rig repair work resulting in a delay of new wells to be drilled under the Kikeh Field Development Plan," the company said. "The fire did not impact any Murphy-operated production wells or equipment. There were no injuries or pollution associated with this incident."
Murphy said mechanical repairs and other construction is expected to reduce its 2014 production range by 5,000 barrels of oil equivalent per day.