Occidental to restart Gulf of Mexico oil production following 2023 pipeline leak
(Bloomberg) – Occidental Petroleum Corp. will restart some Gulf of Mexico oil production after being asked to curtail output due to a third-party pipeline leak last year.
Occidental will begin producing again from assets in the eastern part of the Gulf “in the coming days” after a leak at the Main Pass Oil Gathering system was discovered in November, it said in a filing Wednesday.
“Following successful pipeline testing, Occidental is awaiting instructions from the system operator to restart production, which is pending final regulatory approvals,” it said.
Occidental expects first-quarter production from the Gulf of Mexico to be 90,000 boed, about 20% below the mid-point of its guidance.
