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Tropic Storm Debby shuts in oil and gas production
Fuel Fix ^ | June 24, 2012 at 2:53 pm | Laura Goldberg

Posted on 06/25/2012 5:14:24 AM PDT by thackney

Offshore oil and natural gas operators in the Gulf of Mexico kept close watch on Tropical Storm Debby Sunday as they continued evacauting people from facilities and shutting down production.

The U.S. Bureau of Safety and Environmental Enforcement said as of 11:30 am Sunday based on operators reports that about 22.7 percent of the current daily oil production in the Gulf of Mexico was shut-in.

It also estimated that about 22.9 percent of the current daily natural gas production in the Gulf of Mexico had been shut-in.

According to the U.S. Energy Information Administration, Gulf of Mexico oil production accounts for 29 percent of total U.S. crude oil production and offshore natural gas production in the Gulf accounts for 12 percent of total U.S. production.

Also, more than 40 percent of domestic petroleum refining capacity is located along the Gulf coast, as well as almost 30 percent of total U.S. natural gas processing plant capacity.

Sunday morning, BP said helicopters were continuing to evacuate offshore personnel as weather conditions permitted. It also said it expected its oil and natural gas production in the Gulf of Mexico would be completely shut in by midday Sunday.


TOPICS: News/Current Events
KEYWORDS: energy; naturalgas; offshore; oil

1 posted on 06/25/2012 5:14:34 AM PDT by thackney
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BP Plc, the largest Gulf oil producer, said it had issued instructions to shut down oil and gas production at its seven platforms in the Gulf and stepped up worker evacuations as weather conditions deteriorated.

Anadarko Petroleum Corp had already shut down production and evacuated workers at four of its eight Gulf platforms by the time Debby strengthened into a named storm, including the Independence Hub, which can produce up to a billion cubic feet of natural gas a day.

“Tropical storm conditions are expected to first reach the coast within the warning area by Sunday night, making outside preparations difficult or dangerous,” the forecasters warned.

The combination of storm surge and high tide could cause flooding in normally dry areas near the coast, they said.

Read more: http://www.calgaryherald.com/business/energy-resources/Tropical+Storm+Debby+forms+Gulf+time+since/6832737/story.html#ixzz1yo6Dr5vQ


2 posted on 06/25/2012 5:23:10 AM PDT by thackney (life is fragile, handle with prayer)
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Computer models of path show a lot of possible directions.

http://www.wunderground.com/tropical/tracking/at201204_model.html

3 posted on 06/25/2012 5:25:20 AM PDT by thackney (life is fragile, handle with prayer)
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To: thackney

Just great! Gas went down 15¢ in two weeks and was looking forward to all the savings. n/s


4 posted on 06/25/2012 5:27:07 AM PDT by cameraeye (A happy kaffir!)
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To: thackney

Gas prices at the pump.......B.O.H.I.C.A.


5 posted on 06/25/2012 5:27:12 AM PDT by Einherjar
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To: Einherjar
Oh no just when Obama though he had good news.

This week really be the worst week of his Presidency.

He needs to get some tee times everyday this week.

6 posted on 06/25/2012 5:50:10 AM PDT by scooby321 (h tones)
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7 posted on 06/25/2012 5:59:52 AM PDT by deport
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To: scooby321

I understand that St Joseph’s Bay Country Club in Florida has some open Tee times this week. Maybe he could play there on Friday.


8 posted on 06/25/2012 6:11:45 AM PDT by thackney (life is fragile, handle with prayer)
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To: thackney

A lot of possible direction but NOT in the direction of Texas.


9 posted on 06/25/2012 6:12:15 AM PDT by PJ-Comix (You're screwy! You're spaced! You lost the recall race!)
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To: thackney

http://www.wunderground.com/tropical/tracking/at201204_ensmodel.html

This is a surprise...


10 posted on 06/25/2012 6:26:06 AM PDT by GOPJ (The 'doting court eunuchs' of the MSM fail to notice...)
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To: thackney
Thackney,

It does not seem to be having much effect on oil futures this am. Oil down $.76 to $79.00/barrel.

11 posted on 06/25/2012 6:26:18 AM PDT by woodbutcher1963
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To: thackney
Thackney,

It does not seem to be having much effect on oil futures this am. Oil down $.76 to $79.00/barrel.

12 posted on 06/25/2012 6:26:25 AM PDT by woodbutcher1963
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To: thackney
Thackney,

It does not seem to be having much effect on oil futures this am. Oil down $.76 to $79.00/barrel.

13 posted on 06/25/2012 6:26:25 AM PDT by woodbutcher1963
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To: thackney

It does not seem to be having much effect on oil futures this am. Oil down $.76 to $79.00/barrel.


14 posted on 06/25/2012 6:26:39 AM PDT by woodbutcher1963
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To: thackney

It does not seem to be having much effect on oil futures this am. Oil down $.76 to $79.00/barrel.


15 posted on 06/25/2012 6:26:39 AM PDT by woodbutcher1963
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To: woodbutcher1963

So Sorry,
A 5X posting error. I must be a winner !


16 posted on 06/25/2012 6:27:49 AM PDT by woodbutcher1963
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To: woodbutcher1963

For this thread! But don’t be sad, we had a thirteen’er just yesterday. =D


17 posted on 06/25/2012 6:33:06 AM PDT by Nickname
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To: woodbutcher1963

Two items to consider:

First, a relatively minor storm with relatively minor shut-ins (percentage of production). Still a storm, but at this time it is likely to move North and/or East, away from most platforms.

Secondly, the WTI oil delivery to Cushing, OK is almost impossible to be effected by this storm. That is the NYMEX oil index.


18 posted on 06/25/2012 6:36:20 AM PDT by thackney (life is fragile, handle with prayer)
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To: Tunehead54

Did you see this? Not good for folks on the Gulf Coast of Florida...

http://www.wunderground.com/tropical/tracking/at201204_ensmodel.html


19 posted on 06/25/2012 6:39:59 AM PDT by GOPJ (The 'doting court eunuchs' of the MSM fail to notice...)
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To: GOPJ

Eeek! Thanks. ;-)


20 posted on 06/25/2012 6:49:31 AM PDT by Tunehead54 (Nothing funny here ;-)
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To: Tunehead54
Eeek!

My reaction too.

21 posted on 06/25/2012 7:16:08 AM PDT by GOPJ (The 'doting court eunuchs' of the MSM fail to notice...)
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To: All

Royal Dutch Shell PLC said Monday that it is redeploying staff to offshore oil platforms in the Gulf of Mexico that were shut down in anticipation of tropical storm Debby and is already restarting some oil production.

“By end of day Tuesday, we will be back to normal operations across the Gulf,” said the company in a statement on its website.

http://www.rigzone.com/news/article.asp?a_id=118858


22 posted on 06/25/2012 8:46:12 AM PDT by thackney (life is fragile, handle with prayer)
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