GULF SEVERE STORMS-2: Empirical models help gauge production lost due to storms

05/08/2006
The Minerals Management Service collects shut-in production data from the survey response of operators following major storms, but the pre-Andrew record is sparse and, for early events, of variable quality.To determine the impact of extreme weather on shut-in production in the absence of survey data, it is necessary to build models to infer what production would have been in the absence of the event.In Part 2 of this two-part article, we develop two models to estimate shut-in production statistics in the Gulf of Mexico to gauge how weather events have affected oil and gas production. The results of the two models are generally consistent and indicate that shut-in production from the vast ...
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