Monday, November 19, 2007

Stybarrow to pump its first oil

First production has begun at the Stybarrow Oil Project in permit WA-32-L off Western Australia.

The production has started from the Eskdale field, with subsequent production from the Stybarrow field expected in the coming weeks. Minor production is expected in the initial stage, with a ramp-up period of several months to an expected plateau production rates of around 50,000 to 60,000 barrels of oil a day. The Stybarrow Venture floating production, storage and offloading facility will produce oil. BHP Billiton operates the Stybarrow Oil Project with a 50% working interest with Woodside holding the remaining 50%.
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