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  Gulf oil production slowly recovers

    samedi 3 septembre 2005

Gulf oil production slowly recovers

The Minerals Management Service says a majority of Gulf oil production still shut.

September 3, 2005 : 3:40 PM EDT

PORTLAND, Maine (Reuters) - About 79 percent of U.S. oil production from the offshore Gulf of Mexico remained shut on Saturday due to the effects of Hurricane Katrina, a slight improvement from Friday, the U.S. Minerals Management Service said in a report.

Some 1.185 million barrels per day of crude remained shut from the region’s 1.5 million bpd capacity, the MMS said. Meanwhile, about 57.80 billion cubic feet per day of natural gas production remained shut, or 57.8 percent of the region’s 10 bcfd capacity, the report showed.

On Friday more than 88 percent of the region’s crude production was shut and more than 72 of its gas production was shut, the MMS said.

Since Aug. 26, the effects of Katrina have shut in some 9.9 million barrels of crude and 53.2 bcf of gas.

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