Exploration & Production | Operational Updates | Quarterly / Earnings Reports | Fourth Quarter (4Q) Update | Midstream - Transportation & Pipelines | Production Rates
Mart Resources Provides Fourth Quarter Update
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Mart Resources, Inc. and its co-venturers, Midwestern Oil and Gas Company Limited and SunTrust Oil Company Limited are providing the following updates on Umusadege field production for December 2014 and other operations.
December 2014 Aggregate Production UpdateUmusadege field production during December 2014 averaged 18,505 bopd resulting in total production of approximately 573,663 bbls for the month. Aggregate Umusadege field downtime during December 2014 was approximately 0.5 days. Although shutdowns of both the NAOC and Trans Forcados export pipelines were experienced during December 2014 due to operational interruptions for general pipeline repairs and maintenance, ongoing production from the Umusadege field was minimally affected due of the ability of the field operator to…
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