Suncor says changes shipping schedule on Terra Nova production issues

Houston (Platts)--15Dec2010/629 pm EST/2329 GMT


Suncor Energy has made adjustments to the East Coast Canada crude shipment schedule from December-February due to "a recent production impact" at the Terra Nova crude field, a company spokesman said Wednesday.

The production impact is a result of "inspection and maintenance work being done on some subsea equipment at Terra Nova," said spokesman Dany Laferriere in an e-mail.

When asked about the amount of production impacted or for more details about the maintenance work, Laferriere said, "We don't discuss day to day operations and we do not disclose daily/weekly/monthly variations in individual offshore assets."

Suncor expects to meet its 2010 East Coast Canada production guidance of 70,000 b/d, Laferriere said.

Shippers on the Canadian East Coast have said the adjustments to the shipping schedule for Terra Nova crude has delayed the announcement of the February-loading program.

Suncor, the operator, has a 33.99% stake in Terra Nova. Other owners are ExxonMobil (22%), Statoil (15%), Husky (12.51%), Murphy Oil (12%), Mosbacher Operating (3.5%) and Chevron (1%).

--Lucretia Cardenas, lucretia_cardenas@platts.com

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