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The
NewsRoom Hurricane Ivan
Evacuation and Production Shut-in Statistics The next report will be issued Wednesday, October 13, 2004 at 1:00 pm CDT. For Information Concerning the Storm Click on www.mms.gov This survey is reflective of 19 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 0.85% of 117 rigs currently operating in the GOM. This shut-in oil production is equivalent to 27.73% of daily production of oil in the GOM, which is approximately 1.7 million BOPD. This shut-in gas production is equivalent to 13.87% of the daily production of gas in the GOM, which is approximately 12.3 BCFPD. The cumulative (9/11/04-10/12/04) shut-in oil production is 18,921,852 bbls which is equivalent to 3.127% of the yearly production of oil in the GOM, which is approximately 605 million barrels. The cumulative (9/11/04-10/12/04) shut-in gas production is 80.914 BCF which is equivalent to 1.818% 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. The daily reports only represent input 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. This may result in an apparent increase in the cumulative report amount. MMS also reports the following information for Tropical Storm Matthew (10/9-12/2004). This figure represents the cumulative shut-in production from October 9, 2004 until today, Tuesday, October 12, 2004. Please note no platforms are rigs were reported to be evacuated during Tropical Storm Matthew. This survey is reflective of 2 companies’ reports as of 11:30 a.m. Central Time.
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.
Relevant Web Sites: Media Contacts:
MMS: Securing Ocean Energy & Economic Value for
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| Last Updated: 10/12/2004, 10/12/2004 03:17 PM
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