Thursday, October 2, 2008

Hurricane Shut In Statistics

The latest MMS figures show 123 platforms still evacuated from the two storms. There is currently 764,000 Barrels per day of oil shut in (about 60% of normal production) and 3,500,000,000 cubic feet per day of gas shut in (about 50%).

What's the hold up, you say?

All that oil and gas has to find its way to shore via pipelines. It takes a long time and a lot of effort to verify that these pipelines have not been damaged. In some cases, they need to pressure test the entire length again. Pipelines gather production from several platforms into a single pipeline. If the pipeline is down, everything upstream is down.

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