Free Republic
Browse · Search
News/Activism
Topics · Post Article

Skip to comments.

NYT: Gulf Hurricanes Are Latest Kink in Oil Chain-a report from Petronius deepwater platform
New York Times ^ | August 5, 2005 | JAD MOUAWAD

Posted on 08/05/2005 9:30:45 AM PDT by OESY

Standing 60 feet above sea level on this oil platform 130 miles southeast of New Orleans, Rab Bruce pointed to where the huge wave slammed into a tangle of grated steel and multicolor pipes.

The Petronius deep-water platform, which was hit by a 90-foot wave during Hurricane Ivan last September, is now back on line.

"I was just in shock at the damage," said Mr. Bruce, a longtime field coordinator on Chevron's Petronius deepwater platform, which was hit by a 90-foot wave during Hurricane Ivan last September. "I had never seen anything like this. Everything was busted, dangling and messed up."

Today, with oil prices hitting records and petroleum producers stretched to the limit to meet greater demand from not just the United States but from China, India and other developing countries as well, oil producers worry that hurricanes are as much a risk to a global shortfall in supplies as pipelines blowing up in Iraq or oil workers going on strike in Venezuela.

And with the margin of error so tight, even a temporary disruption of the deepwater platforms, rigs and sub-sea pipelines in the Gulf of Mexico - a region that pumps one-quarter of American oil production - could create big problems for energy producers and consumers alike.

"It's a new version of the butterfly effect," said Larry Goldstein, the president of PIRA Energy Group, an oil consultancy in New York. "A hurricane in the Gulf of Mexico can lead to higher prices around the world. That's how vulnerable oil markets are today to events outside of our control. And it shows how little room there is for errors."

...[M]eteorologists at the National Oceanic and Atmospheric Administration... said they now expected an "extremely active season" with up to 21 tropical storms and up to 7 major storms....

(Excerpt) Read more at nytimes.com ...


TOPICS: Business/Economy; Extended News; News/Current Events; Politics/Elections; US: Alabama; US: Florida; US: Louisiana; US: Mississippi
KEYWORDS: bp; chevron; doe; energy; exxonmobil; glaviano; gulfofmexico; hurricaneivan; hurricanes; larrygoldstein; mineralsmanagement; naturalgas; noaa; offshoreoperators; oil; petronius; pipelines; piraenergy; platform; royaldutchshell; thunderhorse; verret


The Petronius deep-water platform, which was hit by a 90-foot wave during Hurricane Ivan last September, is now back on line.



Bob Squires, who was in charge of repairing Petronius, said that the platform had been built to withstand a 100-year storm.



Damage is still evident on Petronius. The structure, 120 feet high, sits on top of a 1,700-foot tower attached to the seafloor.


1 posted on 08/05/2005 9:30:51 AM PDT by OESY
[ Post Reply | Private Reply | View Replies]

To: OESY

Is this the same one that had pictures of it tilting quite a bit?


2 posted on 08/05/2005 10:02:35 AM PDT by loreldan (Lincoln, Reagan, & G. W. Bush - the cure for Democrat lunacy.)
[ Post Reply | Private Reply | To 1 | View Replies]

To: OESY
oil producers worry that hurricanes are as much a risk to a global shortfall in supplies as pipelines blowing up in Iraq or oil workers going on strike in Venezuela.

What is the article saying, that deep water drilling in the Gulf of Mexico and Hurricanes in the Gulf are somehow a new phenomena?

3 posted on 08/05/2005 10:04:47 AM PDT by Rodney King (No, we can't all just get along.)
[ Post Reply | Private Reply | To 1 | View Replies]

To: loreldan

I think the tilting one is/was called Thunder Horse.


4 posted on 08/05/2005 10:11:18 AM PDT by Pyro7480 ("All my own perception of beauty both in majesty and simplicity is founded upon Our Lady." - Tolkien)
[ Post Reply | Private Reply | To 2 | View Replies]

To: loreldan

No. Tis one was dmaged last year. Thunder Horse, the one we saw recent pics of was damaged (or at least had the ballast shift) last month.


5 posted on 08/05/2005 10:36:08 AM PDT by Fierce Allegiance (This ain't your granddaddy's America)
[ Post Reply | Private Reply | To 2 | View Replies]

To: Rodney King

I think the intention is to say there is a greater proportion of our oil coming from the more hurricane susceptible deep-water wells now.


6 posted on 08/05/2005 10:37:29 AM PDT by Fierce Allegiance (This ain't your granddaddy's America)
[ Post Reply | Private Reply | To 3 | View Replies]

To: Fierce Allegiance
Soon they'll smarten up and do it all underwater.

It's just a matter of time and they know it.

Like the airliner transition from prop to jet, it's just one of those things.

The gulf is an infinite supply of crude.

7 posted on 08/05/2005 10:49:51 AM PDT by norraad ("What light!">Blues Brothers)
[ Post Reply | Private Reply | To 6 | View Replies]

To: norraad

Sounds cost-prohibitive. Any links for this kind of stuff. I'll google later.


8 posted on 08/05/2005 11:01:11 AM PDT by Fierce Allegiance (This ain't your granddaddy's America)
[ Post Reply | Private Reply | To 7 | View Replies]

To: OESY

The new energy bill is so full of pork that maybe there's something in it about stopping waves in the ocean from occurring?


9 posted on 08/05/2005 11:42:34 AM PDT by tobyhill (The War on Terrorism is not for the weak.)
[ Post Reply | Private Reply | To 1 | View Replies]

To: OESY

The above-water portion of the rig is the 2nd superstructure for this platform. The first was accidentally dropped to the bottom while they were attempting construction. Since it's in 1600 ft of water, they didn't pick it up. It's a great place to fish.


10 posted on 08/05/2005 1:09:34 PM PDT by orlop9
[ Post Reply | Private Reply | To 1 | View Replies]

To: Rodney King
I think it means that if you consider another article about a 100 ft wave during Ivan and the emerging conclusion that our ideas concerning max wave height, we can expect future disruptions as megawaves have their way with these "low lying" platforms set for 60 ft clearance.
11 posted on 08/05/2005 1:10:40 PM PDT by NonValueAdded ("Freedom of speech makes it much easier to spot the idiots." [Jay Lessig, 2/7/2005])
[ Post Reply | Private Reply | To 3 | View Replies]

To: Senator Kunte Klinte



12 posted on 08/07/2005 3:59:38 AM PDT by OESY
[ Post Reply | Private Reply | To 1 | View Replies]

To: OESY
The Petronius deep-water platform, which was hit by a 90-foot wave during Hurricane Ivan last September, is now back on line.

Was anybody on it at the time?

13 posted on 08/07/2005 4:08:22 AM PDT by Senator Goldwater
[ Post Reply | Private Reply | To 1 | View Replies]

Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.

Free Republic
Browse · Search
News/Activism
Topics · Post Article

FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson