December 2, 2011 / 2:54 PM / 9 years ago

UK oil output up in Sept, still below 1 mln bpd mark

ABERDEEN, Scotland, Dec 2 (Reuters) - Crude oil production at the UK Continental Shelf rose about 8 percent in September from August, a survey showed on Friday, indicating producers struggled to return volume to the 1 million barrels per day mark.

The survey, which is based on preliminary figures from producers, showed the September output totalled 790,298 barrels per day (bpd), compared with 730,513 bpd in August.

The volume is a sharp fall from 1.16 million bpd in January.

The North Sea oil production has been hit by a spate of snags this year, including the outage of the UK’s largest Buzzard oilfield, which feeds into the Forties stream. Forties is one of the four key streams comprising the BFOE price benchmark.

The data showed the Buzzard output averaged 110,969 bpd in September, the same as August. The volume rose from the year low of 74,131 bpd in May. (Reporting by Ted Strachan in Aberdeen, writing by Ikuko Kurahone in London; editing by Keiron Henderson)

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below