The NewsRoom
Release: #3217
Date: December 16, 2004

Hurricane Ivan Evacuation and Production Shut-in Statistics
as of Thursday, December 16, 2004

The next report will be issued Monday, January 3, 2005 at 1:00 pm Central Time followed by a release on Monday, January 17, 2005 at 1:00 pm Central Time.

Releases will now be on a two week basis.

This survey is reflective of 17 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 8.93% of daily production of oil in GOM, which is approximately 1.7 million BOPD.  The 151,777 barrels per day that is currently shut-in is approximately 0.77% of the 19.7 million barrels consumed in the U.S. each day.

This shut-in gas production is equivalent to 4.83% of the daily production of gas in the GOM, which is approximately 12.3 BCFPD.  The 594.29 MMCF per day that is currently shut-in is approximately 0.98% of the 60.184 BCF consumed in the U.S. each day. 

The cumulative shut-in oil production for the period 9/11/04-12/16/04 is 35,347,237 bbls, which is equivalent to 5.843% of the yearly production of oil in the GOM which is approximately 605 million barrels.

The cumulative shut-in gas production 9/11/04-12/16/04 is 140.071 BCF, which is equivalent to 3.148% 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 reports only represent input received by 11:30 a.m. Central Time.  If a company does not report by 11:30 a.m. it is not included in the 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 bureau 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 (OCS) in federal offshore waters.  Currently, about 30 percent of the oil and 23 percent of the gas produced domestically comes from these federal waters.  The bureau also collects, accounts for, and disburses mineral revenues from Federal and American Indian lands.  MMS disbursed approximately $8 billion in Fiscal Year 2004 and more than $143 billion since it 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:
   Curtis Carey
   (202)208-3985

   Gary Strasburg
   (202) 208-3985

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

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