24 jun: UPDATE: Tropical Storm Debby Loiters in Gulf, Forces Production C..
24 jun: BNSF Reopens Key Iron-Ore Link After U.S. Floods
24-06-2012 20:26:00

2nd UPDATE: Tropical Storm Debby Loiters in Gulf, Forces Production Cuts

Relateret indhold
03 apr - 
Verdens største virksomhed

(Updates with federal tropical-storm-warning information in fourth paragraph and oil and gas shut-in data in fifth paragraph)

--Tropical storm Debby moving slowly through Gulf

--Forecasters says storm could go in several directions

--Wind and rain forcing oil and gas production cuts

By Ben Lefebvre

Tropical Storm Debby hunkered down in the central Gulf of Mexico on Sunday, forcing oil and gas companies to cut production while forecasters debated which way the system would go next.

Debby, the fourth named storm this year, was moving at six miles an hour as of 11 a.m. EDT Sunday, a spokesman for the National Hurricane Center said. As it loitered, the storm piled heavy rains and winds of up to 60 miles an hour on to oil and gas platforms in the Gulf, forcing evacuations.

Because the storm is on the cusp of two major pressure fronts--one in the east and one from the Great Plains area--forecast models were split as to whether it would head west toward Texas or plow east into Florida, said Todd Kimberlain, hurricane forecaster at the National Hurricane Center.

"It will be in the north-central Gulf for the next couple of days, not moving initially but making a more decisive course later," Mr. Kimberlain said. The center issued a tropical-storm warning for parts of the coastline along Louisiana and the Mississippi-Alabama border.

Oil and gas producers in the Gulf of Mexico since Saturday have shut in production and started using helicopters to bring workers from some of the nearly 600 production platforms dotting the Gulf to safety. About 23% of gas and oil production in the Gulf had been shut in as of Sunday, according to the latest bulletin from the U.S. Bureau of Safety and Environmental Enforcement.

Gulf of Mexico federal offshore production accounts for 29% of oil and 12% of gas production in the U.S., according to the U.S. Energy Information Administration.

BP PLC (BP, BP.LN), by far the largest oil and gas producer in the deep-water Gulf of Mexico, said its oil and gas production would be completely shut in by the middle of Sunday. The London-based company operates four of the seven largest oil and gas platforms in the Gulf and produced a combined 410,000 barrels of oil equivalent a day in 2010.

"The storm's slow movement makes it difficult to forecast its track accurately," BP spokesman Brett Clanton said.

Royal Dutch Shell PLC (RDSA.LN, RDSA), Anadarko Petroleum Corp. (APC) and BHP Billiton Ltd. (BHP, BLT.LN) also shut in production as Debby approached, while ConocoPhillips (COP), Chevron Corp. (CVX) and others have been evacuating nonessential personnel. The Louisiana Offshore Oil Port has stopped offloading oil from tankers because of the storm but still has supply crude to send to customers, a spokeswoman said.

Even as Debby bore down operations in the Gulf, the storm likely would prop up oil and gas prices at least during the start of the week, said Dominick Chirichella, an analyst at energy marketing consulting firm Energy Management Institute. Oil futures for August delivery closed Friday at $79.76 a barrel on the New York Mercantile Exchange, down 5.4% for the week and off nearly 25% since May 1 as gloomy economic news emanated from the U.S. and Europe.

"Right now Debby is not likely to be a direct hit, but enough to slow things down," Mr. Chirichella said.

Write to Ben Lefebvre at benjamin.lefebvre@dowjones.com

(END) Dow Jones Newswires

June 24, 2012 14:26 ET (18:26 GMT)

Copyright (c) 2012 Dow Jones & Company, Inc.

Opret kommentar

Relateret debat

  • 1 uge
  • 1 måned
  • 1 År
Ingen indlæg

Fondsbørsmeddelelser

Aktier/tendens: C20 går grøn åbning i møde med TDC i rampelyset

31-10-2014 08:23:33
De europæiske aktiemarkeder ventes fredag at åbne med plus på hele linjen, og det ventes at smitte af herhjemme.Fredag vil TDC få en dag i rampelyset, da det da..

Schouw/CEO: Har flere opkøb i kikkerten

30-10-2014 15:39:25
Industrikonglomeratet Schouw & Co. har appetit på yderligere opkøb til sine porteføljevirksomheder.Det siger selskabets administrerende direktør Jens Bjerg Søre..

Novo/S&P Capital: Hæver kursmål til 273 kr. fra 253 kr.

30-10-2014 13:03:29
Analytikerne hos S&P Capital IQ er blevet mere positivt stemt over for Novo Nordisk-aktien.I hvert fald hæver finanshuset kursmålet til 273 kr. fra tidligere 25..

Mest læste nyheder

  • 24 timer
  • 48 timer
  • 1 uge
1
Coloplast Q4: Absolut ingen slinger i valsen
2
Novo/Swedbank: Sænker anbefaling og kursmål
3
Danske Bank: Analytikere finpudser kursmål efter regnskab
4
Asien: Overraskende japansk beslutning trækker kraftigt op
5
Aktier/tendens: C20 går grøn åbning i møde med TDC i rampelyset

Relaterede aktiekurser

BHP BLT FPO 33,96 1,2% Stigning i aktiekurs
BP PLC $0.25 450,25 1,4% Stigning i aktiekurs
BHP Billiton PLC 1.626,50 0,7% Stigning i aktiekurs
Royal Dutch Shell PLC 'A.. 2.240,00 0,6% Stigning i aktiekurs
Royal Dutch Shell PLC 'B.. 2.324,50 0,7% Stigning i aktiekurs
BHP Billiton Ltd 58,79 0,0% Aktiekurs uændret
BHP Billiton PLC 51,93 0,0% Aktiekurs uændret
Royal Dutch Shell PLC CL.. 71,38 0,0% Aktiekurs uændret
Royal Dutch Shell PLC CL.. 74,36 0,0% Aktiekurs uændret
Anadarko Petroleum Corp 89,46 0,0% Aktiekurs uændret
ConocoPhillips 71,35 0,0% Aktiekurs uændret
BP p.l.c. 43,11 0,0% Aktiekurs uændret
Chevron Corporation 117,20 0,0% Aktiekurs uændret
Royal Dutch Shella 28,47 0,7% Stigning i aktiekurs
Royal Dutch Shellb 29,70 1,0% Stigning i aktiekurs
Chevron 122,50 0,9% Stigning i aktiekurs

Køb- og salgsanbefalinger

  • Trend
  • Pengemaskinen
Sælg

Relaterede selskaber
Få adgang til information og anbefalinger af relaterede selskaber med PLUS pakken.

Du får adgang til 7 værdifulde investorværktøjer til investering.

Klik her og læs mere om PLUS pakken.
Euroinvestor i andre lande: Euroinvestor.com | Euroinvestor.se | Euroinvestor.no | Euroinvestor.fr | Forexinvestor.com| Wisselkoersen.nl | Valuta.se | Valutaveksel.no | Divisas.es | Valute.it
Copyright Euroinvestor A/S 2014  Disclaimer Privatlivspolitik
Aktieinformation leveres af Interactive Data.
Data er forsinket 15-20 minutter iht. de enkelte børsers regler om videredistribution.
 
31. oktober 2014 10:08:39
(UTC+01:00) Brussels, Copenhagen, Madrid, Paris
Version: LiveBranchBuild_20141028.2 - EUROWEB7 - 2014-10-31 10:08:39 - 2014-10-31 10:08:39 - 1 - Website: OKAY

Når du besøger Euroinvestor.dk accepterer du, at der anvendes cookies, som vi og vores samarbejdspartnere benytter til funktionalitet, statistik og markedsføring. Læs mere om cookies på Euroinvestor.dk her

x