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Gold/Mining/Energy : Big Dog's Boom Boom Room

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To: Frank who wrote (50626)10/4/2005 9:11:12 PM
From: ChanceIs  Read Replies (1) of 206106
 
Louisiana says 9.8% of pre-storm oil, 9.7% of gas production back

>>>Hey!!!! 11.9% have been restored to production. We can certainly drive this van home!!!<<<

Washington (Platts)--4Oct2005

The Louisiana Dept of Natural Resources on Tuesday said 710, or 11.9%, of
the 5,949 onshore and shallow water oil and natural gas wells in a 38-parish
region have been restored to production in the aftermath of hurricanes Katrina
and Rita.
In addition, the agency said 1,903 wells, or 32% of the total, remain
shut in. The status of 3,516 wells, or 56.1%, of the region's total, has not
been reported.
DNR also put estimated restored oil production at 19,903 b/d, an amount
equal to about 9.8% of the region's daily oil production capacity of roughly
203,139 b/d before the two hurricanes. Estimated restored gas production is
216,300 Mcf/d, equal to about 9.7% of the region's pre-storm daily capacity of
approximately 2.235 Bcf/d.
DNR said that of the 55 pipeline operators in the hurricane-affected
parishes, one facility was reopened, 33 remain shut in and five are reporting
partial system shut-ins or flow. DNR said it has been unable to contact the
remaining 16 operators.

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