Burlington Resources Says 140 Mmcfed Gulf of Mexico Production Shut-in

Burlington Resources reports that approximately 140 million net cubic feet per day of natural gas equivalent production (MMcfed) is currently shut-in as a result of Hurricane Rita, down from a maximum storm-related curtailment of 180 MMcfed. The production curtailments for Hurricane Rita began Thursday, September 22. The total volumes curtailed include less than 10 MMcfed that has remained shut-in as a result of Hurricane Katrina.

The majority of the current impacts occurred in the company's South Louisiana fields, with other minor impacts in peripheral areas due to processing plant shutdowns and higher pipeline line pressures.

Overflights of the affected areas indicate little apparent damage to producing facilities, but due to extensive flooding, on-site inspections are not expected to occur until mid-week. Consequently, the timing of additional resumptions is still being assessed.