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25 comments on A listing of damaged rigs...

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mw on September 28, 2005 - 2:26pm Permalink | Subthread | Parent | Comments top
Latest MMS report

http://www.mms.gov/ooc/press/2005/press0928.htm

100/80% up from yesterday...

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Ben on September 28, 2005 - 3:44pm Permalink | Subthread | Parent | Comments top
I know the MMS guys had to close an office for the evacuation, but can this number be right?  Nobody in the gulf is pumping right now?  After nearly a week?

Their web site is down as I'm typing this, don't know if they have any more information posted about why so slow to recover.  We saw improvement 3 days after Katrina / Ivan.

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mw on September 28, 2005 - 4:45pm Permalink | Subthread | Parent | Comments top
The stats are not a reporting issue; all companies operating in the gulf have to report their status. Why is it still shut down? Off-shore, on-shore pipelines and facilities would seem to be the major issue.

Financial markets - the big picture folks not focussed on energy - so far have not clued in that there may be a much more serious outage than 'normal' facing us.

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Ben on September 28, 2005 - 4:50pm Permalink | Subthread | Parent | Comments top
Maybe they're waiting for the President to tell us all if this was a "normal" hurricane.

I understand they need to report stats, and somebody compiles them, I was wondering (aloud) if the data was accurate given that they have so many things going on.  I think you are right, that there are pipeline problems (or similar) that either need to be checked or repaired before they can start production.  They don't seem to be in a very big hurry to get their $67 / barrel...

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NC on September 28, 2005 - 5:18pm Permalink | Subthread | Parent | Comments top
Am I mistaken or did the natural gas shut in go up since yesterday.  That is, more gas off line Wednesday than Tuesday.

If true this would support pipeline, distribution problems.  Even the non damaged wells can't move their production.

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patents on September 28, 2005 - 5:37pm Permalink | Subthread | Parent | Comments top
Recall that after Katrina there was a time when the shut in rate improved and then reversed.  MMS explained that they then received a report that production was down.  Apparently, if MMS does not get a report, then they ASSUME that there is no problem with production and it does not appear as a shut-in.
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25 comments on A listing of damaged rigs...

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