Forecasters have said the 2010 Atlantic hurricane season could be the worst since 2005, when Hurricanes Katrina, Rita, and Wilma caused havoc in the Gulf Coast, damaging oil rigs and refineries and forcing sharp cuts in production.
The hurricane season runs from June 1 through Nov. 30 and often affects the Gulf of Mexico, home to about 30 percent of U.S. oil production, 11 percent of natural gas production, and more than 43 percent of U.S. refinery capacity.
Oil and gas production shut as a precaution peaked on Wednesday at 421,350 barrels per day (bpd) of oil and 919 million cubic feet per day (Mmcfd) of gas. By midday Friday, the amount of oil production offline was down to 205,077 bpd, 12.8 percent of 1.6 million bpd total prior to the storm, and the gas production temporarily out was down to 694 Mmcfd, 10.8 percent of 6.4 Bcf pre-Alex.
ESTIMATED CAPACITY OFFLINE
Oil output: 205,077 (12.8 pct) Friday vs 342,224 bpd (21.4) Thursday.
Gas output: 694 Mmcfd (10.8 pct) Friday vs 877 Mmcfd (13.7) Thursday.
Source: U.S. Bureau of Ocean Energy Management, Regulation and Enforcement
__________________________________________________________________________
OFFSHORE PRODUCTION & PIPELINES IMPACT Company Asset Capacity Shut In Date Shut Date Restarted Link OIL Anadarko Boomvang 40,000 bpd NA June 29 July 1
Nansen 40,000 bpd NA June 29 July 1
Gunnison 40,000 bpd NA June 29 July 1 Apache NA NA 6,000 bpd NA July 1 BP Atlantis NA NA June 28 June 30
Mad Dog NA NA June 28 June 30
Holstein NA NA June 28 June 30
South. Green Canyon NA June 29 June 30 Conoco Magnolia 10,000 boepd June 29 July 2 Chevron Western/Central production June 29 July 2 ExxonMobil West Gulf 10,000 bpd June 29 July 1 Hess Baldpate 18,326 bpd NA NA July 2 Marathon Ewing Bank 9,700 bpd 9,700 bpd June 28 July 1 Shell Auger 101,000 bpd 32,000 boepd June 27 July 4-6 Shell Brutus 110,000 bpd NA June 27 July 4-6 Shell Western/Central Assets NA June 28 July 4-6 Shell Perdido 100,000 bpd NA June 29 July 4-6
GAS Anadarko Boomvang 200 MMcfd NA June 29 July 1
Nansen 200 MMcfd NA June 29 July 1
Gunnison 200 MMcfd NA June 29 July 1
Red Hawk 120 MMcfd NA June 29 July 1 Apache NA NA 110 MMcfd June 29 July 1 BP NA NA June 29 June 30 Hess Baldpate 56,600 NA NA July 2 ExxonMobil NA 146 MMcfd June 29 July 1 Marathon Ewing 8.2 MMcfd 8.2 MMcfd June 29 July 1 PIPELINE Enbridge Nautilus 600 MMcfd 100 MMcfd June 28 July 1 BP Cleopatra 500 MMcfd Resuming June 28 July 1
CUMULATIVE OUTPUT LOST
OIL (barrels per day)
July 2 205,077
July 1 342,224
June 30 421,350
June 29 395,878
TOTAL 1,364,529
NATURAL GAS (million cubic feet)
July 2 694
July 1 877
June 30 919
June 29 600
TOTAL 3,090
Source: U.S. Bureau of Ocean Energy Management, Regulation and Enforcement
__________________________________________________________________________
OTHER ASSETS/OPS AFFECTED
* LOOP - The Louisiana Offshore Oil Port, which shut late Tuesday, was back in full operation Friday.
* Houston Ship Channel - Pilots resumed moving two-way traffic in and out of the key oil and petrochemical metroplex of Houston, Baytown and Texas City.
* OIL SPILL - BP Plc and the Coast Guard prepared to resume skimming operations; at the well site, oil-capture and relief well drilling continued.
(Compiled by Rebekah Kebede, Erwin Seba, Bruce Nichols, Kristen Hays, Jeannine Prezioso and Janet McGurty)
((rebekah.kebede@thomsonreuters.com; Reuters Messaging: rebekah.kebede.reuters.com@reuters.net)) Keywords: STORM ALEX/ENERGY FACTBOX (For help: Click 'Contact Us' in your desk top, click here or call 1-800-738-8377 for Reuters Products and 1-888-463-3383 for Thomson products; For client training: training.americas@thomsonreuters.com ; +1 646-223-5546) COPYRIGHT Copyright Thomson Reuters 2010. All rights reserved. The copying, republication or redistribution of Reuters News Content, including by framing or similar means, is expressly prohibited without the prior written consent of Thomson Reuters.
© 2010 AFX News