Dominion's Front Runner facility and other Gulf properties appeared to have sustained no significant damage under initial inspection.
The company's Dominion Exploration & Production unit has a comprehensive insurance program to reimburse for delayed production, which will be covered by insurance beyond an estimated $9 million after-tax loss of income during the uninsured period. This amount represents about 3 billion cubic feet equivalent of production, which will be delayed to a future period.
Overall, about 80 percent of the company's production is from onshore with about 20 percent from offshore properties in the Gulf.
At Devils Tower, Dominion Exploration & Production is a 75 percent owner of the production and is the operator of the spar platform that began producing in May in a tract about 140 miles southeast of New Orleans. Pioneer Natural Resources owns 25 percent.
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