<Do the math The Oil Drum 4%, 11%, Who the Hell Cares?>

23 comments on Who is borrowing what from whom?

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mw on September 6, 2005 - 1:06am Permalink | Subthread | Comments top
MMS Shut-in report as of Monday -- as of Friday was 78.98% oil / 57.80% gas so some/little progress oil/gas, now at 69.57% / 54.13%; more rigs manned, probably another day or two of 'easy' gains and then we'll probably see numbers start to hold static for a while:

http://www.mms.gov/ooc/press/2005/press0905.htm

These evacuations are equivalent to 27.83% of 819 manned platforms and 27.61% of 134 rigs currently operating in the Gulf of Mexico (GOM). The number of manned platforms that are evacuated declined 25 percent from yesterday.

Today's shut-in oil production is 1,043,681 BOPD. This shut-in oil production is equivalent to 69.57% of the daily oil production in the GOM, which is currently approximately 1.5 million BOPD. This represents a 5 percent improvement from yesterday's figures.

Today's shut-in gas production is 5.225 BCFPD. This shut-in gas production is equivalent to 54.13% of the daily gas production in the GOM, which is currently approximately 10 BCFPD. This represents a 2 percent improvement from Sunday's figures.

The cumulative shut-in oil production for the period 8/26/05-9/3/05 is 11,985,960 bbls, which is equivalent to 2.189% of the yearly production of oil in the GOM (approximately 547.5 million barrels).

The cumulative shut-in gas production 8/26/05-9/5/05 is 64.087 BCF, which is equivalent to 1.756% of the yearly production of gas in the GOM (approximately 3.65 TCF).

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ClintB on September 6, 2005 - 12:55pm Permalink | Subthread | Parent | Comments top
Interesting admission (slip?) in this MSNBC article today, it seems the Plantation Pipeline is at now capable of running at capacity...

"Kinder Morgan Energy Partners' Plantation Pipe Line Co., which transports fuel from refineries to Eastern markets, has been capable of full capacity operations once it receives fuel from downed refineries."

I guess the tank farms next to the refineries must be emptying now.  At the end of last week, the news that pipelines were coming back on-line was enough to send wholesale gas lower and support the media's case for the unlikeliness of shortages.  Preferred media policy: good news encouraged, no factual news and resulting hoarding, please...

http://www.msnbc.msn.com/id/9226413/

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23 comments on Who is borrowing what from whom?

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