The natural gas storage report from the EIA for the week ending March 5th indicated that the amount of natural gas held in underground storage in the US fell by 52 billion cubic feet to 1,793 billion cubic feet by the end of the week, which left our gas supplies 257 billion cubic feet, or 12.5% below the 2,050 billion cubic feet that were in storage on March 5th of last year, and 141 billion cubic feet, or 7.3% below the five-year average of 1,934 billion cubic feet of natural gas that have been in storage as of the 5th of March in recent years..the 52 billion cubic feet that were drawn out of US natural gas storage this week was less than the average forecast of a 65 billion cubic foot withdrawal from an S&P Global Platts survey of analysts, and was also less than 72 billion cubic foot withdrawal from natural gas storage seen during the corresponding week of a year earlier, and less than the average withdrawal of 89 billion cubic feet of natural gas that have been pulled out of nat
Maritime Activity Reports, Inc.
Helix 4000 - Public Domain Image
Helix Energy Solutions Group has entered into a new agreement for offshore oil spill response resources with HWCG, a consortium of deepwater oil and gas companies in the Gulf of Mexico who have come together with the shared goal of quickly responding to offshore oil spills.
Under the agreement, HWCG’s members are given the opportunity to identify the Helix Fast Response System as a response resource in permit applications to U.S. federal and state agencies, and to deploy the Helix Fast Response System to respond to a well control incident in the U.S. Gulf of Mexico.
cap a leak. you have to say what you use. one of the containment systems was something called helix. listen. we now have a very different set of containment equipment and plans than we did then. and so that should make the american people and you feel much differently about deepwater drilling than we did before. i felt better when i read you reassurances on them and then i started looking into the basis on which you were issuing them. let s talk about this helix well containment group. five of the eight new permits you had give out went to companies that contracted with helix well containment group. they operate the helix fast response system which you have been bragging about as the new containment technology that they have. this week, helix revealed that by their own assessment it could take them 17 days to contain a spill. 17 days is the new fast response that we re supposed to feel better about in terms of containing a disaster that s
plans than we did then. that should make the american people and you feel much differently about deep water drilling opinion. i felt better and then i started looking into the basis on which you were issuing them. let s talk about this helix well containment group. five of the eight new permits you had give ount went to companies that contracted with helix well containment group. they operate the helix fast response system which you have been bragging about the newest containment. this week, helix revealed that by their own assessment it could take them 17 days to contain a spill. 17 day s the new fast response that we re supposed to feel better about in terms of containing a disaster that s already happened. that doesn t feel like a great advance that would justify the type$# rash issuing of permits. these haven t been the rash u