Sep 04 - Callon Petroleum Company Reports Impact of Hurricane Ivan

Source Press Release
Company Callon Petroleum 
Tags Upstream Activities
Date September 20, 2004

Callon Petroleum Company reported today the impact of Hurricane Ivan upon its major production facilities in the Gulf of Mexico.

Medusa Field -- A platform work-over rig that incurred damage will have to be removed from the Medusa SPAR production facility.  Production downtime at the Medusa Field, located in Mississippi Canyon Blocks 538 and 582, could be as much as five weeks. The Medusa SPAR production facility incurred minor damage that will also be repaired during that time.  Callon owns a 15% working interest and Murphy Oil Corporation (NYSE:MUR) is the operator.

Mobile Bay Area – Production facilities at Mobile Blocks 864, 952, 953 and 955 incurred minor damage.  It is anticipated that a majority of the Mobile area production will be online within the next week.  Callon owns a 66.4% working interest in the Mobile Block 864 Unit and a 100% working interest in Mobile Blocks 952, 953 and 955.

Callon Petroleum Company has been engaged in the exploration, development, acquisition and production of oil and gas in the Gulf Coast region since 1950.  Callon’s properties and operations are geographically concentrated in the offshore waters of the Gulf of Mexico.

Source: EvaluateEnergy® ©2020 EvaluateEnergy Ltd