InsuranceHeadline.com Home Headline Home Searh Insurance Directory Listings by State, City Zip Code or Detailed Keyword Search! Search News  Company Index  Add Your Listings to The Insurance Phone Book! Advertise Manage Insurance Phone Book Directory ListingsEditor Login

Insurance Headlines - Insurance Headlines.com is the premier online news source that insurance & financial professional rely on - making Insurance Headlines.com the top choice for syndicating news on the world wide web.

Headline News | Life & Health | Property & Casualty | Financial & Investments | Banks & Thrifts | Syndicate News

1
Home L&H P&C F&I Post Feeds RSS Search
 

 


 Free Insurance & Financial Headline Newsletters - Subscribe Today!

Choose Newsletters

Daily Headlines

Weekly Headlines

Product Promo's

Job Offers

Enter Your E-mail

Advertising Options

Post Press Releases

Post Insurance Articles

Online Advertising

Newsletter Advertising

Company Sponsors

Resources

Insurance Newsletters

Company News & Stocks

Syndicate News

Sponsor Links

Industry Links

Archive
Su Mo Tu We Th Fr Sa
 1  2  3  4  5  6
 7  8  9  10  11  12  13
 14  15  16  17  18  19  20
 21  22  23  24  25  26  27
 28  29  30

1




 

See your advertisement here

Hurricane Ike destroys 49 oil platforms in Gulf

by AP Associated Press - Sep 19,2008

WASHINGTON (AP) — At least 49 offshore oil platforms, all with production of less than 1,000 barrels a day, were destroyed by Hurricane Ike as it raced across the Gulf of Mexico, and some may not be rebuilt, the Interior Department said Thursday.

It said in the latest hurricane damage assessment that the platforms altogether accounted for 13,000 barrels of oil and 84 million cubic feet of natural gas a day. There are more than 3,800 production platforms in the Gulf producing 1.3 million barrels of oil and 7 billion cubic feet of gas each day.

Most remain shut down.

The report by Interior's Minerals Management Service said the agency was conducting helicopter flyovers of the Gulf waters to investigate unconfirmed reports of oil spills and oil sheens, but that it was too early to issue any definitive findings.

"There are no reports of oil impacting the shoreline or affecting birds and wildlife from releases in the Gulf of Mexico federal waters," said the agency.

The agency also said five gas transmission pipeline systems sustained damage, although the extent of damage is not yet known. It earlier had reported four oil drilling rigs had been destroyed and another damaged.

Meanwhile, the Energy Department reported that as of midafternoon Thursday, 12 of 31 refineries in Texas and Louisiana, with a total production capacity of 3 million barrels a day, remained shut down as a result of the hurricane that swept through the region on Sept. 13. A number of the others are operating at reduced runs.

More than 2.3 million electricity customers in six states as far away as Pennsylvania remain without power as a result of the hurricane and its aftermath of heavy rain, said the department. Of those, 1.6 million customers are in Texas.

Other states affected are Louisiana (18,804 customers), Kentucky (167,740), Indiana (36,800), Ohio (488,900) and Pennsylvania (16,730), according to the department.

About 93 percent of the Gulf's crude oil production remains shut down as does 77.6 percent of its natural gas production, said the Minerals Management Service.

The Energy Department said 10 of 39 natural gas processing facilities also were still closed as a result of the Hurricane Ike and Hurricane Gustav which hit two weeks earlier, giving the Gulf's energy infrastructure a glancing blow.

The Gulf region accounts for 25 percent of the country's domestic oil production, or about 1.3 million barrels a day, and 15 percent of its natural gas supplies, or about 7 billion cubic feet of gas a day.

-----------------------------------------------------------------------------------------------

By H. JOSEF HEBERT

Copyright © 2008 The Associated Press. All rights reserved.
 

Related news
U.S. issues hurricane rule for drilling platforms by Reuters-News posted on Apr 15,2008
Tropical storm forms in oil area of Gulf of Mexico by Reuters-News posted on Aug 03,2008
Gustav weakens after slamming Haiti as hurricane by Reuters-News posted on Aug 27,2008
Beware of 'hurricane fatigue,' officials warn by Houston-Chronicle posted on Sep 08,2008
Oil-Rig Insurers Brace for Test as Tropical Storm Bears Down by Bloomberg.com posted on Aug 29,2008
Hurricane Ike takes aim at western Cuba, Gulf oil by Reuters-News posted on Sep 08,2008
State Farm in Talks to Settle Gulf Claims by The-New-York-Times posted on Jan 10,2007
Tropical Storm Marco hits Mexico's Gulf coast by AP-News posted on Oct 08,2008
Did you enjoy this article? (total 0 votes)
   

Comments (0 posted) 


Headline Sponsors

Sponsor


Insurance Headlines - Insurance Headlines.com is the premier online news source that insurance & financial professional rely on - making Insurance Headlines.com the top choice for syndicating news on the world wide web.

Copyright© 2005-2007 Insurance Syndication, LLC

Powered by: InsuranceHeadlines.com

Free Link Exchange - Directory - SQL Database Hosting - Insurance PhoneBook

About Us | Privacy Policy | Terms & Conditions | Free Newsletters | Free News Feeds | Advertise | Company Sponsors | Insurance Links | Industry Links