HURRICANE KATRINA: Status Of Key Energy Facilities
DOW JONES NEWSWIRES August 30, 2005 5:45 p.m.
NEW YORK -- Hurricane Katrina plowed into the U.S. Gulf Coast energy industry, shutting eight refineries and the bulk of all U.S. offshore oil and natural gas production. The current status of key facilities is outlined below:
REFINERIES
-Valero Energy Corp (VLO) 260,000 b/d St Charles refinery in Norco, La., remains shut; suffers no serious damage, has no power, should restart in two weeks (Sep 12), company says.
-Motiva Enterprises 225,000 b/d Norco, La., refinery remains shut; spokesman has no information on damage or restart
-Motiva Enterprises 235,000 b/d Convent, La., refinery remains shut; suffers no damage that would affect restart, has power, but no restart estimate, company says.
-Murphy Oil Corp (MUR) Meraux, La., refinery remains shut, evacuated; company has no information on damage or restart; flooding in the area worsened Tue
-Exxon Mobil Corp. (XOM) 183,000 b/d Chalmette, La., refinery remains shut, evacuated; company has no information on damage or restart; flooding in the area worsened Tue
-ConocoPhillips (COP) 255,000 b/d Alliance refinery in Belle Chasse, La., remains shut; no information on damage or restart; Plaquemines Parish reports extensive damage; WBRZ-TV says were whitecaps on the water in streets in Belle Chasse, quoting State Treasurer John Kennedy; company says it's doing flyovers Tue
-Marathon Oil Corp (MRO) 245,000 b/d Garyville, La., refinery remains shut; company was to check the facility Tue
-Chevron Corp (CVX) 325,000 b/d Pascagoula, Miss., refinery remains shut, evacuated; company plans flyover Tue; area saw severe flooding
-Exxon Mobil Corp (XOM) 494,000 b/d Baton Rouge refinery in "cutback mode," operating at reduced rates due to supply problems source says could last weeks.
-Valero Energy Corp (VLO) 86,000 b/d Krotz Springs refinery at reduced rates; company says operating at 70% capacity due to trouble getting supply through pipelines
-Premcor (PCO) 190,000 b/d Memphis refinery at reduced rates due to crude oil supply snags, source says
-Colonial Pipeline kept mainline from Houston to Greensboro, N.C., shut Tue; problem is loss of power, which utility crews are working to restore; pipeline delivers 95 million gallons a day of fuel from the Gulf Coast to East Coast markets
CRUDE OIL SUPPLY TO REFINERIES
-Lousiana Offshore Oil Port remains shut; company says no serious damage, but no power; could restart in hours if power restored; LOOP moves about 1 million b/d oil, 10% of US imports
-Royal Dutch Shell PLC (RDSB.LN) Capline pipeline system remains shut as damage assessed; no restart estimate; system moves 1.2 million b/d of crude oil from the Gulf of Mexico, imports from Gulf Coast to Midcontinent refiners
-Mississippi River traffic to be halted "many, many days," US Coast Guard says, while navigation system is repaired, channel determined clear and river deemed safe for transit; river is a source of crude oil shipments to refineries like ExxonMobil Baton Rouge
PRODUCTION
-US Minerals Management Service says 95% daily oil output, 88% daily natural gas output shut down in Gulf of Mexico; cumulative volumes shut in (Aug 26 to morning of Aug 30) 4.6 million barrels oil, 25.4 billion cubic feet of gas
-Port Fourchon, sees no severe flooding, but siltation a concern, power is out; the key facility is needed to support the workers and equipment that will get Gulf platforms pumping again
-Royal Dutch Shell PLC (RDSB.LN) reports topside damage at Mars oil, gas platform
-Newfield Exploration Co (NFX) says its A production platform at Main Pass 138 appears lost in the storm; facility was producing 1,500 b/d
-Kerr-McGee Corp (KMG) restarting 60,000 boe/d Western Gulf output; inspecting central, eastern Gulf Tue, company says
-Seven semisubmersible rigs adrift in Gulf of Mexico, US Coast Guard says.
-Noble Corp (NE) semisubmersible rig Jim Thompson broke moorings, moved 17 miles by storm; was in main path of storm, but flyover shows no "damage of a material nature," company says
-GlobalSantaFe Corp (GSF) says all five drilling rigs in path of Katrina accounted for, though two are listing slightly and one drifted off its location and grounded in shallow waters near the mouth of the Mississippi River
For questions, call Dow Jones Energy Service at 201-938-2030 |