As of Thursday, October 13, 4:00 pm

Shut-in Status

Date	Shut-in Oil (bbl/d)	% of Total Federal GOM	Shut-in Gas (mmcf/d)	% of Total Federal GOM
10/13/2005	1,031,261	65.4%	5,700	56.4%
10/12/2005	1,046,462	66.4%	5,919	58.6%
10/11/2005	1,062,530	67.4%	6,042	59.8%
10/7/2005	1,162,913	73.8%	6,441	63.8%
10/6/2005	1,202,364	76.3%	6,628	65.6%
10/5/2005	1,299,928	82.5%	6,895	68.3%
10/4/2005	1,349,617	85.6%	7,170	71.0%
10/3/2005	1,391,926	88.3%	7,495	74.2%
9/30/2005	1,467,577	93.1%	7,941	78.6%
9/29/2005	1,478,780	93.8%	7,980	79.0%
9/28/2005	1,511,715	96.8%	8,072	77.2%

source: Minerals Management Service


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According to EIA's Weekly Natural Gas Storage Report for the week ending Friday, October 7 (released today), working gas in storage increased to 2,987 Bcf, which is 1.2 percent above the 5-year average inventory level. The implied net injection of 58 Bcf is about 10 percent below the 5-year average injection of 64 Bcf for the week and about 16 percent below last year's injection of 69 Bcf.

According to EIA's Weekly Petroleum Status Report for the week ending October 7 (released today), U.S. commercial crude oil inventories (excluding those in the Strategic Petroleum Reserve) increased by 1.0 million barrels from the previous week. At 306.4 million barrels, U.S. crude oil inventories remain above the upper end of the average range for this time of year. Total motor gasoline inventories dropped by 2.7 million barrels last week, putting them below the lower end of the average range. Distillate fuel inventories fell by 3.4 million barrels last week, and are now in the lower half of the average range for this time of year. Inventories fell for both low-sulfur (diesel fuel) distillate fuel and high-sulfur (heating oil) distillate fuel. Total commercial petroleum inventories declined by 6.9 million barrels last week, but remain in the upper half of the average range for this time of year.

Natural Gas
In an attempt to assess the effects of Hurricanes Katrina and Rita on oil and gas production, the Louisiana Office of Conservation is addressing the operating status of producing wells in a thirty-eight (38) parish region for information. As of October 13, the Office has received reports indicating 691.7 million cubic feet per day (MMcf/d) of onshore and offshore (in State waters only) natural gas production has been restored, which is 30.9 percent of total production before the hurricanes. Overall, 2,725 oil and gas wells, or 45.8 percent of the wells in the region, reportedly remain shut-in. However, the Office has not received information on approximately 31.7 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.

Sixteen 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 9.71 billion cubic feet per day (Bcf/d), and they had a total pre-hurricane flow volume of 5.45 Bcf/d. A number of non-operating plants with a total capacity of 1.85 Bcf/d are operational, but are not active owing to upstream or downstream infrastructure problems or supplies being unavailable. These plants had flowed 0.7 Bcf/d before the hurricanes. A number of the inactive plants are expected to be operating within 4 weeks. Based on updated data, these plants have capacity of 2.58 Bcf/d and pre-hurricane flow of 1.34 Bcf/d. Based on updated company information, pre-hurricane flow volumes indicate that the average utilization of the non-operating plants was roughly 56 percent.