|
As of Tuesday, October 18, 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 |
| 10/18/2005 |
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%
|
| 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%
|
source: Minerals Management Service
figure
data
Prices
figure
data
figure
data
| NYMEX Futures Prices |
10/18/2005 |
10/17/2005 |
change
|
Week Ago
10/11/2005 |
Year
Ago
10/18/2004 |
| WTI Crude
Oil ($/Bbl) |
63.20
|
64.36
|
-1.16
|
63.53
|
53.67
|
| Gasoline
(c/gal) |
173.52
|
181.53
|
+8.01
|
183.32
|
135.04
|
| Heating Oil
(c/gal) |
193.42
|
198.33
|
+4.91
|
201.79
|
150.97
|
| Natural Gas
($/MMBtu) |
13.42
|
13.89
|
+0.47
|
13.52
|
6.81
|
Petroleum
Refinery shutdowns in the Gulf of Mexico region total approximately
1.6 million bbl/d as of October 17, 2005. Please consult the
Office of Electricity Delivery and Energy Reliability's Situation
Report for specific information on the refineries.
On October 17, EIA released the weekly Gasoline
and Diesel Fuel Update. The average weekly retail gasoline
price decreased to 272.5 cents per gallon (down 12.3 cents from
the previous week). The average national weekly diesel fuel
price decreased 0.2 cents to 314.8 cents per gallon.
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 18, the Office has received reports
indicating 765 million cubic feet per day (MMcf/d) of onshore
and offshore (in State waters only) natural gas production has
been restored, which is 34.2 percent of total production before
the hurricanes. Overall, 2,811 oil and gas wells, or 47.2 percent
of the wells in the region, reportedly remain shut-in. However,
the Office has not received information on approximately 25.7
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.
|
