MMS: Gulf Recovery Still Slow

Thursday, February 23, 2006
According to the U.S. Minerals Management Service, the recovery of U.S. Gulf of Mexico oil and natural gas production after the storms of 2005 again showed little progress over the past two weeks. As of Feb. 22, shut-in oil production remained at 362,796 barrels per day, or 24.19 percent of normal production of 1.5 million bpd. That was down from 364,195, or 24.27 percent reported still shut in on Feb. 8.Natural gas output shut was 1.504 billion cubic feet per day, or 15.04 percent of normal daily output. That was only slightly improved from the Feb. 8 report showing 1.554 bcfd shut in, about 15.54 percent. Since Aug. 26 cumulative shut-in oil output is 129.59 million barrels, equivalent to 23.67 percent of the yearly Gulf of Mexico production of approximately 547.5 million barrels, the MMS report said. From the same August date, the cumulative shut-in natural gas production is 652.629 billion cubic feet, equivalent to 17.88 percent of the yearly Gulf of Mexico output of approximately 3.65 trillion cubic feet. Oil and natural gas output in the Gulf of Mexico has been inching back following hurricanes Katrina and Rita, which blasted the region in August and September and forced the shutdown of production platforms and pipelines. (Source: Reuters)
Maritime Reporter April 2015 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

Navy

BIMCO Welcomes EU Decision on Migrants

BIMCO has stated today that it appreciates the new efforts by EU leaders to reduce increasing reliance on merchant shipping to rescue the growing numbers of

HMS Prince of Wales Bridge Sets Sail

The bridge section of the second Queen Elizabeth Class aircraft carrier set sail today from Glasgow on its first sea voyage to Rosyth.   Upper Block 07 is where

The German Shipbuilding Rebound

German shipbuilding has made a significant turnaround. The country’s shipbuilding industry has seen increases in the number of employees, orders and deliveries compared to 2013,

Energy

Goliat FPSO in Norway

The Goliat FPSO was successfully floated off the heavy-lift vessel, Dockwise Vanguard, in the fjord outside Hammerfest, says Eni Norge    The Goliat platform has arrived in Hammerfest,

Skangass Celebrates Topping Up

Nordic liquefied natural gas operator Skangass  has celebrated a topping out ceremony at its Pori LNG terminal. The company said it was making progress in the

Falklands' Oil Drilling at Isobel Deep Suspended

Oil explorers drilling in the waters north of the Falkland Islands have suspended work on the second well of their 2015 current six-well drilling campaign after a technical problem.

 
 
Maritime Standards Naval Architecture Offshore Oil Pod Propulsion Port Authority Salvage Ship Electronics Ship Repair Sonar Winch
rss | archive | history | articles | privacy | contributors | top maritime news | about us | copyright | maritime magazines
maritime security news | shipbuilding news | maritime industry | shipping news | maritime reporting | workboats news | ship design | maritime business

Time taken: 0.1177 sec (8 req/sec)