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Hurricane Ivan Evacuation and Production
Shut-in Statistics The next report will be issued Thursday, October 7, 2004 at 1:00 pm CDT. This survey is reflective of 23 companies’ reports as of 11:30 a.m. Central Time.
**Shut-in production rates do not include production lost due to the destroyed platforms. These evacuations are equivalent to 1.18% of 764 manned platforms and 1.71% of 117 rigs currently operating in the GOM. This shut-in oil production is equivalent to 28.13% of daily production of oil in GOM which is approximately 1.7 million BOPD. This shut-in gas production is equivalent to 14.64% of the daily production of gas in the GOM which is approximately 12.3 BCFPD. The cumulative (9/11/04-10/6/04) shut-in oil production is 16,085,414 bbls which is equivalent to 2.659% of the yearly production of oil in the GOM which is approximately 605 million barrels. The cumulative (9/11/04-10/6/04) shut-in gas production is 70.504 BCF which is equivalent to 1.584% 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 increase from the previous report in both the oil and gas shut-in production is the result of a company not reporting since September 22, 2004. The daily and cumulative shut-in production numbers have been updated and are reflected in this report. 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. Media Contacts:
MMS: Securing Ocean Energy & Economic Value for
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| Last Updated: 10/06/2004, 10/06/2004 01:06 PM
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