Sable Offshore Delays Restart of California Oil Platform (1)

California producer Sable Offshore Corp. expects to restart a platform capable of pumping 10,000 barrels of oil a day some time in the third quarter this year, the company said in an investor presentation Monday.

• Platform Hondo was slated to restart in June, according to a prior investor presentation
  • The company is producing 46,000 barrels of oil daily from Platform Harmony and Platform Heritage, the other two sites in its Santa Ynez Unit off the coast of California: Monday call with investors
  • Hondo to produce 10,000-15,000 barrels a day by early fall: CEO Jim Flores on call
• Sable has ...