The NewsRoom
Release: #3180
Date: October 26, 2004

Hurricane Ivan Evacuation and Production Shut-in Statistics
as of Tuesday, October 26, 2004

The next report will be issued Wednesday, October 27, 2004 at 1:00 pm CDT. 

This survey is reflective of 18 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 25.07% of daily production of oil in GOM, which is approximately 1.7 million BOPD.  The 426,172 barrels per day that is currently shut-in is approximately 2.16% of the 19.7 million barrels consumed in the U.S. each day.

This shut-in gas production is equivalent to 12.31% of the daily production of gas in the GOM, which is approximately 12.3 BCFPD.  The 1,514.08 MMCF per day that is currently shut-in is approximately 2.52% of the 60.184 BCF consumed in the U.S. each day. 

The cumulative shut-in oil production for the period 9/11/04-10/26/04 is 25,124,655 bbls, which is equivalent to 4.153% of the yearly production of oil in the GOM which is approximately 605 million barrels.

The cumulative shut-in gas production 9/11/04-10/26/04 is 103.216 BCF, which is equivalent to 2.319% 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.

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:
   MMS Main Website
   Gulf of Mexico Website

Media Contacts:
   Debra Winbush  (504) 736-2597
   Caryl Fagot        (504) 736-2590

MMS: Securing Ocean Energy & Economic Value for America
U.S. Department of the Interior
 

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Last Updated: 02/22/2005, 12:05 PM Central Time