GULF SEVERE STORMS-1: Analysis of extreme weather events shows vulnerability of Gulf of Mexico production

Mark J. Kaiser, Allan G. Pulsipher: Louisiana State University, Baton RougeExtensive damage to oil and gas facilities and pipelines has brought to light the vulnerability of offshore production in the Gulf of Mexico the past 2 years. The 2005 season produced three major storms-Katrina, Rita, and Wilma-and 27 named storms and resulted in more than 1,700 deaths in the US, with the majority of those attributed to Katrina and the widespread destruction of New Orleans through the Mississippi Gulf Coast.The purpose of this two-part article is to examine the impact of extreme weather on oil and gas production in the GOM and to develop first-order models of shut-in production statistics.Hurricane...

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