Hurricanes worsen Louisiana’s sliding output

Damage from two hurricanes and a global shortage of overwater rigs led to unusually large declines in Louisiana’s oil and gas production in 2005, state figures show.Gas production was down 13.1% to 1.17 tcf compared with a gain of 0.4% in 2004 over 2003, the Louisiana Department of Natural Resources estimated. Crude and condensate production in 2005 totaled 69.3 million bbl, a drop of 17.1%, after a decline of 7.4% the previous year.The 2005 gas production is derived 65% from South Louisiana, 26.5% from North Louisiana, and 8.4% from fields in state waters. The 2005 crude and condensate output came 73.4% from South Louisiana, 15% from North Louisiana, and 11.6% from the state offsho...

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