Offshore staff
(Oklahoma City, Oklahoma)-Kerr-McGee Corp. has completed an initial assessment of its Gulf of Mexico facilities and all of its major operated facilities are intact, with no structural damage from Hurricane Katrina observed. The company has begun returning workers to the gulf to further assess facilities and is restarting production and drilling activities.
In the western gulf, the Kerr-McGee-operated deepwater facilities at Nansen, Boomvang, Gunnison, and Red Hawk are operational and production from these and our western shelf facilities is ramping up as pipelines allow. In the eastern gulf, the company is preparing its Neptune facility to restart production as soon as pipelines reopen in this area. Aerial assessment of the Breton Sound and Main Pass areas on the shelf also indicated no major structural damage, and detailed inspection is ongoing.
Kerr-McGee has restarted 55,000 boe/d of its total net Gulf production. An additional 35,000 boe/d is expected to be on production within a week as export pipelines become operational. Restart of remaining production volumes, primarily from the eastern and central Gulf, will be dependent on further mechanical assessment and restart of pipelines. Kerr-McGee's net daily production in the Gulf of Mexico averaged at 130,000 boe prior to the hurricane.
The hull of the truss spar for theConstitution and Ticonderoga development was towed back to Gulf Marine Fabricators' yard in Ingleside, Texas, prior to the hurricane and sustained no damage. The Constitution topsides, located at Gulf Island Fabricators' yard in Houma, Louisiana, also sustained no damage. Kerr-McGee expects to resume installation activities by the end of the week.
09/01/05