Apache, the largest U.S. independent oil and gas producer, said it will resume production at its Van Gogh field off western Australia later this month after completing repairs to one of the production vessels being used on the project. Texas-based Apache said the production restart will depend weather conditions in the region.
Apache (APA) has completed repairs to the damaged swivel seals on the Ningaloo Vision floating production, storage and offloading (FPSO) vessel, Reuters reported. The company closed the field for maintenance in late November.
According to its Web site, Apache owns 4.3 million net acres in 31 exploration permits, 14 production licenses and three retention leases in Australia. The company is the second largest operated volume producer of oil and gas in the Carnarvon Basin in Western Australia.
The Van Gogh field was discovered in 2003. The Ningaloo Vision FPSO has capacity to process 150,000 barrels of liquids per day, including 63,000 barrels of oil per day, and store 540,000 barrels of oil.