Getting things back to a semblance of normalcy, Oklahoma City-based Kerr-McGee Corp. on Thursday announced that it has increased its net production in the Gulf of Mexico to 95,000 Boe/d, representing nearly 75% of pre-hurricane volumes.
The company said its facilities sustained only minor damage from hurricanes Katrina and Rita and restoration of additional production is dependent upon third-party infrastructure. Kerr-McGee said it expects to be producing more than 80% of its pre-hurricane levels in the Gulf of Mexico by the end of October. Prior to hurricanes Katrina and Rita, the company's net production averaged 130,000 Boe/d.
In the deepwater Gulf, production has resumed from four of Kerr-McGee's five operated facilities. Some of Kerr-McGee's restarts include the following:
The company said it is closely monitoring weather conditions impacting the Gulf of Mexico and will continue to take appropriate actions to ensure the safety of its workers and contractors and to protect the environment.
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