There was a fire at a Laredo Petroleum, Inc. tank battery in Glasscock County, TX, June 30.
Laredo’s operations personnel got an alert June 30 through the company’s SCADA system and were able to quickly respond and shut-in the producing wells, limiting the amount of oil consumed by the fire.
There were no injuries in the incident and the fire was extinguished the same day.
This was part of Laredo’s Medallion pipeline system acreage dedication, thus the amount of oil in the storage tanks was minimized as it was directly tied by gathering pipelines to the Medallion system, officials said.
The cause of the fire is currently being investigated, although initial indications are the fire was caused by a lightning strike. The company is working closely with all parties to gather all the facts.
Laredo operations personnel immediately began assessing the condition of production facilities and alternatives for reestablishing production as soon as possible.
At the time of the incident, wells flowing into the battery were producing approximately 5,100 net barrels of oil per day (“BOPD”).
The wells sustained no damage and the company expected to restore approximately 70 percent of the shut-in production beginning July 3, and approximately 90 by this week.
All remaining shut-in production should be restored by the end of July, officials said.
“We are very thankful that no injuries resulted from this incident and appreciate the quick response and professionalism of the first responders,” said Randy A. Foutch, chairman and chief executive. “While incidents such as these can never be anticipated, they can be planned for. Our protocols for responding to alerts in the field accelerated our assessment of the situation and, combined with past field infrastructure investments, enabled the return of significant amounts of shut-in production in a short period of time.”