Phillips 66 Wood River Said to Restore Crude Units

Phillips 66 (PSX)’s Wood River refinery in Illinois returned a crude unit to full rates after completing planned work, a person familiar with the turnaround said.

The refinery’s 120,000-barrel-a-day crude distillation unit, which had been shut, is running at capacity, said the person, who asked not to be identified because the information isn’t public. A 150,000-barrel-a-day unit is operating at 50 percent of capacity and will return to full rates in the next seven days, the person said.

A third unit, which can process about 60,000 barrels of crude a day, is at capacity. Work is planned on that unit for six days in late March.

Rich Johnson, a company spokesman based in Houston, said that work remains under way at the refinery.

Planned work was also expected on a hydrocracker from late February to late March, a diesel hydrotreater and delayed coker for six days each in March and two desulfurization units for a combined 24 days.

The Wood River refinery, 15 miles (24 kilometers) northeast of St. Louis, can process as much as 356,000 barrels of crude oil a day, according to data compiled by Bloomberg. It’s a joint venture of Phillips and Cenovus Energy Inc. (CVE)

To contact the reporter on this story: Kenneth Christensen in New York at kchristense9@bloomberg.net

To contact the editor responsible for this story: Dan Stets at dstets@bloomberg.net