PetroCanada shuts in Terra Nova production

May 10, 2006
Petro-Canada has shut in production at the Terra Nova oil field 350 km off Newfoundland and Labrador due to a mechanical failure of the gear box on the starboard main power generator.

By OGJ editors
HOUSTON, May 10 -- Petro-Canada has shut in production at the Terra Nova oil field 350 km off Newfoundland and Labrador due to a mechanical failure of the gear box on the starboard main power generator.

The timing and scope of repairs are being assessed, and the field vessel is currently being powered from two standby generators, which do not support production, Petro-Canada said.

Petro-Canada, operator, said the field's revised second-quarter production forecast is about 21,000 b/d (7,100 b/d net), compared with a Mar. 10 forecast of 83,000 b/d (28,000 b/d net). The output revision is due to continuing repairs to the port side gear box, which is to be completed in June.

With both power generators down, Terra Nova production is not expected to resume before the third quarter.

The early shutdown will permit Petro-Canada to advance preparations for the extended scheduled turnaround.