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Gold/Mining/Energy : Big Dog's Boom Boom Room -- Ignore unavailable to you. Want to Upgrade?

To: Frank who wrote (50626)	10/4/2005 7:34:13 PM
From: Wowzer	Respond to of 206104

LOL great story!

To: Frank who wrote (50626)	10/4/2005 8:00:15 PM
From: Paul Senior	Respond to of 206104

Thanks, Frank. Great post! ... and I could use a good one today. Still hanging on to all my shares of all my holdings.

To: Frank who wrote (50626)	10/4/2005 8:15:39 PM
From: Big Dog	Read Replies (1) \| Respond to of 206104

Heck Frank, you have so many kiddos....what's another? Just add some water to the Gumbo and you'll have plenty. big (Reporting live from San Francisco)

To: Frank who wrote (50626)	10/4/2005 9:11:12 PM
From: ChanceIs	Read Replies (1) \| Respond to of 206104

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.

To: Frank who wrote (50626)	10/4/2005 9:26:18 PM
From: energyplay	Respond to of 206104

OT/ A friends' daughter is like that - only she has done it about 5 times, with less damage off course. Even would park at an odd angle so the parents would not notice the missing headlamp... One other item, Gale Norton is talking about visible above water level damage. No word on under water pipeline damage. Ivan had three causes of pipeline damage, powerful water currents, undersea landslides, and draging anchors and stuff from loose platforms. I don't know enough about the water currents and landslides to comment, other than the Rita area is more target rich than Ivan was. There was more stuff floating loose, and bigger stuff, too, like Shell's Typhoon. I will make SWAG that it will be middle December, 2005 before there is a 90% assesment of underwater damage. ********* Note that Everything in the GOM was shut down at one point. Much of that was not near any exposure to the full storm impact. For many of these platforms that have no damage, you can fly in , do the automated checks,and start ramp up. So over the next two weeks we should see steady progress on the reduction of shut-in hydrocarbons. In fact, I expect a straight line projection based on that will look very bearish, since it would mean almost all production would be back by late January. Look at the Ivan graph here : tonto.eia.doe.gov Scroll down, double click to expand graphs. The reality of restoring production will take much longer.