Mammoth Oil Field Hit Hard By Unplanned Production Cuts
Mammoth Oil Field Hit Hard By Unplanned Production Cuts
Oil production at one of the world’s largest offshore oil fields, Kashagan in Kazakhstan, has dropped by 80,000 barrels per day since early October because of unplanned maintenance, Kazakhstan’s energy ministry told Reuters on Wednesday.
Between October 6 and October 16, production at Kashagan was down to 294,000 bpd on average, from 365,000 bpd at the beginning of this month, industry sources told Reuters. The r...