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 Today


The Maritime Industry's original and most viewed E-News Service

Maritime Reporter January 2016 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

Navy

Antietam, McCampbell Build Relationships at IFR 2016

Ticonderoga-class guided-missile cruiser USS Antietam (CG 54) and Arleigh Burke-class guided-missile destroyer USS McCampbell (DDG 85) arrived Feb. 4 in India

Indian Navy Shows Off Strength

India’s naval might was on full display off the coast of Visakhapatnam today (Saturday) as President Pranab Mukherjee reviewed the naval fleet.   Mukherjee,

Russia Confirms Tanker Seized by Niger Delta Militants

Russia’s embassy in Nigeria confirmed on Thursday that the Greek-owned oil tanker Leon Dias has been hijacked in the Gulf of Guinea, reports TASS.   There are

Energy

Topaz Responder Saves Refugee Migrants

Topaz Energy and Marine has emerged as an unlikely player in the effort to save refugee migrants risking their lives on the sea crossing from Turkey to Greece’s islands in order to reach Europe.

UAE Plans Floating LNG Import Terminal

State-owned Abu Dhabi National Oil Co. (ADNOC) plans to start a new liquefied natural gas floating import terminal (FSRU) in the second half of this year, three LNG industry sources said.

Glencore to Lift Iranian Fuel Oil at Bandar Mahshahr

Anglo-Swiss commodity trader Glencore has chartered a ship to load Iranian fuel oil at the Iranian port of Bandar Mahshahr in a move that signals the return of

 
 
Maritime Security Maritime Standards Pipelines Pod Propulsion Port Authority Salvage Ship Simulators Shipbuilding / Vessel Construction 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: 0.0724 sec (14 req/sec)