Friday, September 02, 2005

Katrina Aftermath - Offshore Oil Platforms

According to the American Petroleum Institute, an estimated 58 oil rigs and platforms in the Gulf of Mexico were damaged or displaced by Hurricane Katrina.

From MSN Money:
Among those, 30 rigs and platforms have been reported lost. No company breakdown was available, said Tim Sampson, an API spokesman.

One of the more significant reported losses of platforms or rigs came from Houston-based Apache Corp. On Thursday, Apache said it lost eight platforms that produce 7,158 barrels of oil and 12.1 million cubic feet of natural gas per day.

That's about 10 percent of the lost oil production and 2 percent of the shut in gas reported earlier this week, said company spokesman Bill Mintz.
Damage assessment of the patchwork of pipelines on the sea bottom has not been completed.

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