FACTBOX-Gulf of Mexico energy ops recovering from Ida

Tue Nov 10, 2009 9:48pm GMT
 
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 (Updates throughout)
 Nov 10 (Reuters) - Tropical Storm Ida had been downgraded
to a tropical depression by the time it came ashore at Dauphin
Island, Alabama, near Mobile, on Tuesday at 5:40 a.m. CST (1140
GMT) and the National Hurricane Center reduced it to
'extratropical' status as its remnants crossed Florida, Alabama
and Georgia later Tuesday. Energy experts predicted that oil
industry operations that had been shut down ahead of the storm
would return to normal by the end of Tuesday or early
Wednesday.
 Energy companies had shut 43.09 percent of oil production
and 27.96 percent of natural gas output in the Gulf of Mexico
Tuesday as the storm spun ashore. At its peak crossing the
Gulf, Ida had been a late-season Category 2 hurricane.
 The Gulf is the source of 25 percent of U.S. domestically
produced oil and 15 percent of natural gas. About 40 percent of
U.S. refining capacity is located on the Gulf Coast.
 Oil and natural gas futures prices were falling Tuesday
after spiking on storm risks Monday. Crude oil futures on the
New York Mercantile Exchange, which rose $2 to $80.45 a barrel
Monday before settling at $79.43, settled down 38 cents at
$79.05 Tuesday. [O/N] Natural gas futures gained 7.5 cents at
$4.67 per million BTU Monday but settled down 20.3 cents at
$4.467 per MMBtu Tuesday. [NGA/]
HEADLINES:
  - Power companies said 3,000 customers in Alabama and Florida
were without power at the storm's peak but were being quickly
restored. [ID:nN10304093]
  - MMS said Tuesday companies shut 560,199 barrels per day of
Gulf oil output (43.09 percent) of a total 1.3 million bpd, up
from 384,642 bpd (29.6 percent) Monday.
 MMS also said 1.957 billion cubic feet per day (Bcfd) of
gas (27.96 percent) of the total 7 Bcfd were shut Tuesday, up
from 1.925 Bcfd (27.5 percent) Monday. [ID:nN09518842]
  - Companies as of Tuesday also evacuated 158 of 694 manned
production platforms (22.8 percent), up from 126 (18.1 percent)
Monday, and 10 of 66 drilling rigs (15.2 percent), up from 8
(12.1 percent) Monday, MMS said.
OIL:
  - Louisiana Offshore Oil Port (LOOP) planned to resume
offloading tankers late Tuesday or early Wednesday as soon as
rough seas subsided. [ID:nN10304093]
 - Marathon Oil Corp (MRO.N) was restaffing and restarting the
Ewing Bank platform, which produces 11,700 bpd of oil and 10.5
MMcfd of gas. [ID:nN10309095]
  - BP Plc (BP.L)(BP.N), one of the Gulf's largest producers,
was restaffing and restarting operations offshore, reported no
damage. [ID:nN1092763]
  - Chevron Corp (CVX.N), another big producer, had no update
on offshore operations Tuesday. It had shut Tahiti, Blind Faith
and Petronius platforms, a total of 230,000 barrels per day
(bpd) of oil and 160 million cubic feet per day (MMcfd) of gas.
[ID:nN09262395]
  - Shell (RDSa.L), a third big producer, said there was a
"minimal" shutdown of production and no damage to offshore Gulf
facilities. Workers were returning  to offshore platforms.
[ID:nN10313911]
  - Murphy Oil Co (MUR.N) expected to restart operations
Tuesday at Medusa platform and Wednesday at Thunder Hawk
platform. Both were shut for the storm. [ID:nN10326279]
  - Anadarko Petroleum Corp said it would resume production at
Constitution, Marco Polo and Neptune platforms as soon as
possible after returning workers Tuesday and Wednesday.
[ID:nN10308728]
  - Petrobras (PETR4.SA)(PBR.N) said it was resuming operations
at its Cottonwood platform off Texas, about 2,100 barrels of
oil equivalent per day. [ID:nN10313738]
  - Transocean Ltd (RIG.N) had no update early Tuesday. Said a
semisubmersible drilling rig was evacuated and shut down
Monday. [ID:nN09263651]
 NATURAL GAS:
  - The Independence Hub, a major supplier of U.S. natural gas,
could resume production as early as Tuesday evening, said owner
Enterprise Products Partners (EPD.N). Enterprise's Viosca Knoll
and West Delta 68 platforms were also restarting.
[ID:nN10309999]
  - BP said its Destin pipeline was back to normal after a
force majeure Monday. [ID:nN10317049]
 Williams (WMB.N) said its Mobile Bay natural gas processing
unit, shut by storm, would resume operation Tuesday. Its
Transco pipeline expected restoration starting Tuesday of 250
million cubic feet per day of throughput cut during the storm.
[ID:nN10236145]
  - El Paso Corp's (EP.N) said no damage at its Tennessee Gas
and Southern Natural Gas pipelines, expected resumed flows from
producers starting Tuesday. [ID:nN10306890]
  - Transcanada (TRP.TO) expected return to normal operations
on its ANR pipeline Wednesday. Some 30 mmcfd of natural gas
still lost early Tuesday due to producer shut-ins.
[ID:nN10501110]
  - Apache Corp (APA.N) said it was moving to redeploy
evacuated personnel and restore operations in 23 oil and gas
fields shut as Ida passed through. [ID:nN10313173]
 REFINERIES: 
  - The Chalmette Refinery in Louisiana said operations were
unaffected by Ida.
  - Chevron's Pascagoula, Mississippi, refinery said operations
were unaffected by Ida.
  - Motiva Norco, Louisiana, refinery said operations were
unaffected by Ida.
  - Murphy Meraux, Louisiana, refinery said operations were
unaffected by the storm.
 PORTS:
  - U.S. Coast Guard kept Port of Mobile, Mobile Bay and Gulf
Intracoastal Waterway between Gulfport, Mississippi, and Panama
City, Florida, closed pending post-storm surveys Tuesday.
  - Vessel traffic resumed on the lower Mississippi River from
New Orleans to the Gulf of Mexico Tuesday after pilots resumed
boarding ships in the wake of Ida. [ID:nN10330466]
  (Reporting by Erwin Seba, Bruce Nichols, Janet McGurty,
Kristen Hays, Edward McAllister, Eileen Moustakis, Scott
Disavino, Eileen O'Grady, Anna Driver and Joshua Schneyer;
Editing by David Gregorio and Lisa Shumaker)




 

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