Oil and Gas Production Shows Little Improvement
Posted on: Monday, 31 October 2005, 03:01 CST
By Anonymous
Oil and gas production companies are barely making a dent in the job of recovering from hurricanes Katrina and Rita, according to the federal Minerals Management Service.About 68.2 percent, or a million barrels per day, of the normal 1.5 million barrels of daily Gulf oil production remains shut in because of the storms, Last Wednesday, 64.9 percent of production was shut in.Today's shut in natural gas production is 55.6 percent or 5.6 billion cubic feet per day. Normally, 10 billion cubic feet of natural gas is produced in the Gulf each day. Last Wednesday, 52.2 percent of natural gas production was shut in.About 228 of the 819 manned drilling platforms and 17 of the 134 drilling rigs in the Gulf remain evacuated because of storm damage.
(Copyright 2005 Dolan Media Newswires)
Source: New Orleans CityBusiness
Related Articles
- Toyota to trim production 10 percent
- Ike Shuts Down Gulf Oil Production
- ExxonMobil to Supply North Slope Gas to Fairbanks Natural Gas
- U.S. Industrial Production Rises 1 Percent
- Penn Brewing to Boost Production 50 Percent
- Gas Alert Shuts Norwegian Oil Platform
- Roundup: Death Toll of NE China Coal Mine Blast Rises to 169, Mineswith Hidden Danger in Production to Be Shut Down
- China Exclusive: Steel Producers to Cut Production By 5 Percent to Avoid Price Fall
- Zambia's Copper Production Down 5.7 Percent in First Six Months
- BP's Oil and Gas Production Up 3.5 Percent
 |
 |
User Comments (0)
RSS Feeds