The interim agreement will offer near-term respite for Stone Energy by allowing it to continue production at the Mary field. The deal will also benefit Williams by generating higher volumes.
Currently, the Mary field produces about 45 million cubic feet equivalent (MMcfe) per day and the level is expected to increase to over 60 MMcfe per day in July and finally reach over 100 MMcfe per day in August. These volumes are substantially higher than the 20 MMcfe per day produced from the Heather and Buddy fields.
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