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Shell to cut Mars output by half for planned work - trade
April 5, 2012 / 5:02 PM / 6 years ago

Shell to cut Mars output by half for planned work - trade

NEW YORK, April 5 (Reuters) - Royal Dutch Shell will cut production from Mars field, a major supplier of sour crude from the Gulf of Mexico, by 50 percent for a month beginning on May 15, a buyer of the crude said on Friday.

Mars averaged producing more than 293,000 barrels per day (bpd) of medium sour crude in February, according to a company website.

The company had previously confirmed the shutdown as normal planned maintenance along with some work in preparation for the Mars B ‘Olympus’ expansion.

Mars B or Olympus involves expanded production of about 100,000 bpd from a second deepwater platform to begin operation in the Mars field in 2015, Shell has said.

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