|
As of Wednesday, October 26, 3:00 pm
Shut-in Status
| Date |
Shut-in Oil
(bbl/d)
|
% of Total
Federal GOM
|
Shut-in Gas
(mmcf/d)
|
% of Total
Federal GOM |
| 10/26/2005 |
1,022,515
|
64.9%
|
5,563
|
55.1%
|
| 10/25/2005 |
1,033,621
|
65.6%
|
5,582
|
55.3%
|
| 10/24/2005 |
1,018,478
|
64.6%
|
5,472
|
54.2%
|
| 10/21/2005 |
986,805
|
62.6%
|
5,337
|
52.8%
|
| 10/20/2005 |
967,734
|
61.4%
|
5,196
|
51.4%
|
| 10/19/2005 |
973,084
|
61.7%
|
5,242
|
51.9%
|
| 10/18/2005 |
982,011
|
62.3%
|
5,346
|
52.9%
|
| 10/17/2005 |
996,291
|
63.2%
|
5,498
|
54.4%
|
| 10/14/2005 |
1,008,909
|
64.0%
|
5,647
|
55.9%
|
| 10/13/2005 |
1,031,261
|
65.4%
|
5,700
|
56.4%
|
| 10/12/2005 |
1,046,462
|
66.4%
|
5,919
|
58.6%
|
source: Minerals Management Service
figure
data
Prices
figure
data
figure
data
| NYMEX Futures Prices |
10/26/2005 |
10/25/2005 |
change
|
Week Ago
10/19/2005 |
Year
Ago
10/26/2004 |
| WTI Crude
Oil ($/Bbl) |
60.66
|
62.44
|
-1.78
|
62.41
|
55.17
|
| Gasoline
(c/gal) |
158.45
|
165.38
|
-6.93
|
167.63
|
141.25
|
| Heating Oil
(c/gal) |
185.61
|
188.99
|
-3.38
|
191.34
|
156.81
|
| Natural Gas
($/MMBtu) |
14.04
|
14.34
|
-0.30
|
13.55
|
8.40
|
Petroleum
Refinery shutdowns in the Gulf of Mexico region total approximately
1.0 million bbl/d as of October 26, 2005. Please consult the
Office of Electricity Delivery and Energy Reliability's Situation
Report for specific information on the refineries.
A ConocoPhillips spokesperson announced this morning that the
company's Linden, NJ, 239,000-bbl/d Bayway refinery has reportedly
been restarted as of yesterday following the 45-minute power
outage. No timetable has been set for when the refinery will
be up to full speed.
Natural Gas
A number of processing plants in Louisiana and Texas, with capacities
equal to or greater than 100 million cubic feet per day, are
not active. These plants have an aggregate capacity of 8.11
billion cubic feet per day (Bcf/d), and they had a total pre-hurricane
flow volume of 4.74 Bcf/d. A number of non-operating plants
with a total capacity of 1.35 Bcf/d are operational, but are
not active owing to upstream or downstream infrastructure problems
or supplies being unavailable. These plants had flowed 0.54
Bcf/d before the hurricanes. A number of the inactive plants
are expected to be operating within 4 weeks. Based on updated
data, the incremental available capacity at that time would
be 2.88 Bcf/d with pre-hurricane flow of 1.38 Bcf/d. Based on
updated company information, pre-hurricane flow volumes indicate
that the average utilization of the non-operating plants was
roughly 58 percent.
As of October 26, the Louisiana
Office of Conservation has received reports indicating 890
million cubic feet per day (MMcf/d) of onshore and offshore
(in State waters only) natural gas production has been restored,
which is 39.8 percent of total production before the hurricanes.
Overall, 2,754 oil and gas wells, or 46.3 percent of the wells
in the region, reportedly remain shut-in. However, the Office
has not received information on approximately 22.2 percent of
the oil and gas wells in the region. The daily gas production
capacity of the 38 parish region is estimated to be approximately
2,235 MMcf/d, based on the average production reported to the
Office for the period January 2005 to May 2005.
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