For example, has anyone discussed how these power outages are affecting the goal of maximizing production? As you remember, the curtailment of production in March 2009 seemed to affect production levels. Before the shutdown, it appeared that design production was close to being achieved. Since the shutdown, Algar has not been able to break the 8,500 barrel level. What are the power outages doing to the pumps? Are they still able to inject steam during the outages? Are they experiencing brownouts are constant low voltage conditions? This can have a seriously damaging affect on their motors.
Good post oilman.That's what I like to know as well.If that's the case then it's out of their control a little bit.But how much damage do this outages bring to the output.If they do maintnance work they probably had to shut down some wells too.So a answer from guys with better knowledge about that should be welcome.
It looks we will not have the luck on our side on our sp1.27 just now and that means our support line in not valid anymore or a rebound till the end must be seen.I wouldn't be surprised if they push the sp towards around 1.20 wich was lowest point in May.
