Hurricane

Sonat reported finding additional Hurricane Ivan-caused damage on the Main Pass 311 tap assembly that had not detected during the initial post-Ivan dive investigations. In order to make repairs, the Main Pass 311-A meter has been isolated and the pipeline declared a force majeure at the point. Sonat is not accepting nominations at Main Pass 311-A until further notice. Based on its best information available, Sonat expects to complete repairs and return the point to service sometime Saturday. However, it noted there are many variables when making repairs offshore, and this schedule could change.

Citing the ever-growing demand for natural gas in the Southeast and last year’s hurricane-related supply interruptions in the region, Duke Energy Gas Transmission (DEGT) is proposing to build a high-deliverability natural gas storage facility and pipeline supply header system to provide hub services in the Florida, Alabama and Mississippi market area.

Citing the ever-growing demand for natural gas in the Southeast and last year’s hurricane-related supply interruptions in the region, Duke Energy Gas Transmission (DEGT) is proposing to build a high-deliverability natural gas storage facility and pipeline supply header system to provide hub services in the Florida, Alabama and Mississippi market area.

Pioneer Natural Resources and Dominion Resources announced that production from the Devils Tower field has returned to pre-Hurricane Ivan levels. Three wells are currently producing 28,000 boe/d on a gross basis, and a fourth well is expected to be producing by the end of November. Eight wells have been drilled to develop the field, but damage to the platform rig delayed completion activities related to the four remaining wells. However, the timeframe for resuming completion activities has improved, with potential for continued field development to begin by year end, the companies said. The financial impact of these delays is mitigated by business interruption insurance coverage that is designed to restore the expected cash flow from the project after a waiting period that ended on Nov. 1. Pioneer holds a 25% working interest in Devils Tower. Dominion operates the field with a 75% working interest. The field is located about 140 miles southeast of New Orleans on Mississippi Canyon block 773 in the deepwater Gulf of Mexico.

Pioneer Natural Resources and Dominion Resources announced that production from the Devils Tower field has returned to pre-Hurricane Ivan levels. Three wells are currently producing 28,000 boe/d on a gross basis, and a fourth well is expected to be producing by the end of November. Eight wells have been drilled to develop the field, but damage to the platform rig delayed completion activities related to the four remaining wells. However, the timeframe for resuming completion activities has improved, with potential for continued field development to begin by year end, the companies said. The financial impact of these delays is mitigated by business interruption insurance coverage that is designed to restore the expected cash flow from the project after a waiting period that ended on Nov. 1. Pioneer holds a 25% working interest in Devils Tower. Dominion operates the field with a 75% working interest. The field is located about 140 miles southeast of New Orleans on Mississippi Canyon block 773 in the deepwater Gulf of Mexico.

Pioneer Natural Resources and Dominion Resources announced that production from the Devils Tower field has returned to pre-Hurricane Ivan levels. Three wells are currently producing 28,000 boe/d on a gross basis, and a fourth well is expected to be producing by the end of November. Eight wells have been drilled to develop the field, but damage to the platform rig delayed completion activities related to the four remaining wells. However, the timeframe for resuming completion activities has improved, with potential for continued field development to begin by year end, the companies said. The financial impact of these delays is mitigated by business interruption insurance coverage that is designed to restore the expected cash flow from the project after a waiting period that ended on Nov. 1. Pioneer holds a 25% working interest in Devils Tower. Dominion operates the field with a 75% working interest. The field is located about 140 miles southeast of New Orleans on Mississippi Canyon block 773 in the deepwater Gulf of Mexico.

Losses from production shut-ins in the Gulf of Mexico due to Hurricane Ivan ended the week at about the same level they began it at 2.3 Bcf/d and the prospects are that the losses will continue, some for weeks and some for months. The total does not include platforms lost completely, nor does it include lost production from damaged onshore facilities.

Looking at the weather scenario following what has been a difficult hurricane season, Andover, MA-based WSI Corp. said it expects the November-December period to be warmer-than-normal for a majority of the United States.

Proving that Hurricane Ivan’s lasting effects on Gulf of Mexico production didn’t go unnoticed by traders, the October natural gas futures contract on Tuesday spent the day exploring resistance levels following its gap higher at the open.