Production resumes on Terra Nova oil platform after leak, fire
Provincial officials say shutdown will not have significant impact on government revenues
Suncor Energy says production has started up again on the Terra Nova FPSO.
A spokesperson said in an email that production at the site resumed on Oct. 13 and is currently "ramping up to normal production rates."
- Grease fire in kitchen on Terra Nova oil platform
- No timeline for resumption of production at Terra Nova, Suncor says
- Production shut down on Terra Nova FPSO after 3,000 litre methanol leak, small fire
Production halted after 3,000 litres of methanol leaked into the ocean from Suncor's subsea drill in the Terra Nova field.
In addition, the oil platform entered "alarm status" the next day after a small fire was detected.
Both of those incidents remain under investigation.
The Terra Nova, meanwhile, produced some 17-million barrels of oil in 2014, and was expected to produce a similar amount this year.
It is one of three producing oil fields in the offshore, and revenues from the oil and gas industry account for roughly 30 per cent of the province's gross domestic product.
Provincial officials say the loss of a week-and-a-half of production at the Terra Nova will not have a significant impact on revenue.
In a statement to CBC News, the finance department said if the shutdown was a prolonged one, "companies would continue to sell from their existing reserve inventories, which would defer any revenue impacts on provincial revenue."