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Page added on September 30, 2005

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No easy fix for Rita-damaged oil works

NEW YORK (CNN/Money) – Getting off-shore oil and natural gas platforms back in service after two Gulf of Mexico hurricanes is proving difficult, according to a published report Friday.

The Wall Street Journal reported that efforts to restart facilities a week after Hurricane Rita blew through the area are being hampered by a lack of sufficient workers, helicopters and equipment.
The federal Minerals Management Service reported Thursday that about 99 percent of oil production in the Gulf, or about 1.5 million daily barrels, remains shut down, while about 80 percent of natural-gas production, or nearly 8 billion cubic feet of gas a day, remains shut.

Much of that was taken offline as a precaution before Rita hit. Still, production returned much faster immediately following Katrina last month and Hurricane Ivan last year, the Journal reports.

“A lot of dock facilities that boats would leave from are gone. Hangars are messed up. Helicopter availability is tight,” Tony Lentini, a spokesman for the Houston-based exploration company Apache Corp., told the paper.

CNN/Money



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