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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory -- Ignore unavailable to you. Want to Upgrade?


To: ild who wrote (47436)12/15/2005 4:04:50 PM
From: ild  Respond to of 110194
 
HOUSTON (Dow Jones)--U.S. Gulf of Mexico crude oil and natural gas production suspended as a result of recent storms showed a moderate recovery on Thursday, said the Minerals Management Service.

About 426,282 barrels of oil a day, or 28.4% of daily oil production in the Gulf, remained off-line, down from 29.4% on Monday.

Shut-in gas production stood at 2.23 billion cubic feet a day, or 22.3% of total gas output in the region, down from 23.1% on Monday.

Cumulative lost oil production since Aug. 26 - when Hurricane Katrina triggered the first wave of evacuations in the Gulf - reached approximately 103 million barrels of oil on Thursday, or 18.8% of yearly Gulf crude output.

Total lost natural gas production amounted to about 532.9 billion cubic feet, or 14.6% of the region's annual gas output.

About 126 platforms remained evacuated on Thursday, the same quantity as on Monday.

The next shut-in statistics update will be published on Monday, the MMS said.


Gulf Of Mexico Production Outage Volumes Since Hurricane
Katrina

DATE OIL SHUT IN GAS SHUT IN
(B/D) (BCF/D)
Dec 15 426,282 2.23
Dec 12 441,394 2.31
Dec 09 447,425 2.35
Dec 08 464,858 2.44
Dec 07 476,035 2.48
Dec 06 503,187 2.65
Dec 05 509,270 2.72
Dec 02 539,074 2.94
Dec 01 547,074 2.96
Nov 30 547,223 2.97
Nov 29 564,229 2.99
Nov 28 594,421 3.06
Nov 23 615,623 3.20
Nov 22 621,233 3.22
Nov 21 633,064 3.27
Nov 18 702,556 3.62
Nov 17 717,807 3.65
Nov 16 725,218 3.71
Nov 15 725,423 3.71
Nov 14 727,054 3.74
Nov 10 736,279 4.02
Nov 09 737,136 4.03
Nov 08 738,617 4.12
Nov 07 773,097 4.48
Nov 04 780,633 4.57
Nov 03 790,610 4.72
Nov 02 957,978 5.04
Nov 01 1,000,092 5.27
Oct 31 1,015,859 5.43
Oct 28 1,017,551 5.50
Oct 27 1,022,313 5.56
Oct 26 1,022,515 5.56
Oct 25 1,033,621 5.58
Oct 24 1,018,478 5.47
Oct 21 986,805 5.33
Oct 20 967,734 5.19
Oct 19 973,084 5.24
Oct 18 982,011 5.35
Oct 17 996,291 5.50
Oct 14 1,008,909 5.65
Oct 13 1,031,261 5.67
Oct 12 1,046,462 5.92
Oct 11 1,062,530 6.04
Oct 07 1,162,913 6.44
Oct 06 1,202,364 6.63
Oct 05 1,299,928 6.89
Oct 04 1,349,617 7.17
Oct 03 1,391,926 7.50
Sep 30 1,467,577 7.94
Sep 29 1,478,780 7.98
Sep 28 1,511,715 8.03
Sep 27 1,512,937 7.86
Sep 26 1,512,937 7.84
Sep 23 1,486,877 7.20
Sep 22 1,379,000 6.59
Sep 21 1,097,357 4.71
Sep 20 877,275 3.48
Sep 19 837,648 3.38
Sep 16 840,921 3.41
Sep 15 842,091 3.52
Sep 14 843,725 3.72
Sep 13 846,720 3.78
Sep 12 860,636 3.82
Sep 10 897,605 3.82
Sep 09 898,161 3.83
Sep 08 901,726 4.02
Sep 07 860,568 4.04
Sep 06 870,374 4.16
Sep 05 1,043,681 5.23
Aug 30 1,427,969 8.80

Source: U.S. Minerals Management Service



To: ild who wrote (47436)12/15/2005 4:13:04 PM
From: Ramsey Su  Respond to of 110194
 
I don't think there is a feeling of urgency out there. So anyone who wanted to sell probably will wait till after the holidays.