**Shut-in production rates do not include production lost
due to the destroyed platforms.
These evacuations are equivalent to 5.10% of
764 manned platforms and 1.71% of 117 rigs currently operating in the
GOM.
This shut-in oil production is equivalent to
28.53% of daily production of oil in GOM which is approximately 1.7
million BOPD.
This shut-in gas production is equivalent to
18.88% of the daily production of gas in the GOM which is
approximately 12.3 BCFPD.
The cumulative (9/11/04-9/29/04) shut-in oil
production is 12,409,705 bbls which is equivalent to 2.051% of the
yearly production of oil in the GOM which is approximately 605 million
barrels.
The cumulative (9/11/04-9/29/04) shut-in gas
production is 55.539 BCF which is equivalent to 1.248% of the yearly
production of gas in the GOM which is approximately 4.45 TCF.
These cumulative numbers
reflect updated production numbers from all previous reports. In
previous reports, there have been numerous questions regarding the
increase of shut-in production on a day-to-day basis. However, the
reports only represent those received by 11:30 a.m. CDT. If a company
does not report by 11:30 a.m. it is not included in the daily special
information release, but it is included in the cumulative shut-in
production.
The Minerals Management Service is the federal agency in the U.S.
Department of the Interior that manages the nation’s oil, natural gas,
and other mineral resources on the Outer Continental Shelf in Federal
offshore waters. The agency also collects, accounts for, and disburses
mineral revenues from Federal and American Indian lands. MMS disbursed
more than $8 billion in FY 2003 and more than $135 billion
since the agency was created in 1982. Nearly $1 billion from those
revenues go into the Land and Water Conservation Fund annually for the
acquisition and development of state and Federal park and recreation
lands.