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Ultra Petroleum Corp. Message Board

  • ahande ahande Nov 24, 2013 5:19 PM Flag

    Any supply disruptions this week because of well freeze-offs?

    Winter supply disruptions from well freeze-offs can rival effects of summer storms

    "As more domestic U.S. natural gas production shifts from offshore fields in the Gulf of Mexico (GOM) to onshore basins, potential natural gas supply disruption risks have shifted as well.

    For many years, tropical storms and hurricanes in the GOM occurring in the summer and fall were the principal weather-related threat to natural gas production. Tropical Storm Lee in early September 2011 and the hurricanes of 2005 and 2008 illustrate that weather can reduce natural gas supplies, at least for short durations, by 2.5 to over 12 billion cubic feet per day (Bcf/d).

    Much colder than normal weather in the Southwestern United States in early February 2011 curtailed over 7 Bcf/d of natural gas production due to well freeze-offs (see chart); this disruption rivaled losses from major summer storms."

    ---------------
    That's an old article from 2011 on the EIA site. However, it is relevant this week. Oklahoma and Texas had a couple of days were the temps were in the low 20s overnight. Any ideas if this did cause some supply disruptions?

    Thanks.

    Sentiment: Strong Buy

 
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