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Released September 13, 2024 | SUGAR LAND
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Written by Daniel Graeber for Industrial Info Resources (Sugar Land, Texas)--A utility company providing power for states along the U.S. Gulf Coast said those in the direct path of Francine can expect to be in the dark for close to two weeks.
Francine quickly broke down to a tropical storm after making landfall in Louisiana late Wednesday as a Category 2 hurricane, packing winds near 100 miles per hour (mph).
"Maximum sustained winds have decreased to near 35 mph with higher gusts," the National Hurricane Center said in a Thursday update. "Continued weakening is forecast, and Francine is expected to become a post-tropical cyclone later today."
As of 12:30 p.m. CST, utility company Entergy (NYSE:ETR) (New Orleans, Louisiana) reported Thursday that about 250,000 customers in Louisiana were without power, with only minor outages in neighboring states. Those without power, however, may be in the dark for a sustained period.
"Based on historical restoration times, customers in the direct path of a Category 2 hurricane can experience outages for up to 10 days," it said.
And while the storm no longer posed a threat to its nuclear power stations, Entergy said it took the necessary steps to secure its Waterford 3 and River Bend stations in Louisiana and its Gulf Nuclear facility in Mississippi.
On Wednesday, Industrial Info confirmed an outage near the Little Gypsy and the J. Wayne Leonard gas-fired facilities in Louisiana, both operated by Entergy.
Subscribers to Industrial Info's Global Market Intelligence (GMI) Power Plant Database can click here to read detailed profiles for the aforementioned plants.
That follows a report from engineering and consulting firm Black & Veatch (Overland Park, Kansas) warning that climate risks are increasing for the nation's power sector.
"While the geographical impacts vary -- from fire to snow, hurricanes and tornadoes -- the fallout remains the same in the form of outages, damaged infrastructure, and widespread disruption," its report read.
Elsewhere, the Bureau of Safety and Environmental Enforcement (BSEE), an offshore regulator, said personnel were pulled off some rigs and four other rigs were moved out of the storm's path. The U.S. Coast Guard added that it evacuated a crew member from an unspecified rig off the coast of Texas due to injuries, though it was unclear if the injuries were caused by the storm.
In terms of actual production, BSEE estimated Thursday that nearly 42%, or around 730,000 barrels of oil per day (BBL/d), were shut in due to the storm. Though the Gulf of Mexico is a nominal gas producer, federal data show more than half, or close to 1 billion cubic feet per day (Bcf/d), was offline.
The Gulf of Mexico typically accounts for about 15% of total U.S. crude oil production, but only 2% of the total natural gas output. That doesn't mean the gas sector was spared, however, as Industrial Info continues to monitor the status of the terminals on the Gulf Coast that are cooling gas taken largely from the inland shale basins for exports in the liquid form.
As of Wednesday, feedgas into U.S. liquefied natural gas (LNG) terminals dropped by around 1.6 Bcf/d over the last two days to 11.7 Bcf/d. The Cameron LNG facility in Louisiana suffered the most, with feedgas volumes down by more than half since Monday.
The United States is the world leader in LNG exports, shipping out a combined 90 billion cubic feet of gas in liquid form over the seven-day period ending September 4. Three of the 25 vessels laden with LNG left Cameron during that period.
Industrial Info continues to monitor refinery activity in the region after noting that CITGO (Houston, Texas) was operating its facility in Lake Charles, Louisiana, with its 463,000 barrel-per-day (BBL/d) processing capacity, on a skeleton crew during the storm. Exxon Mobil (NYSE:XOM) (Spring, Texas) was operating its 500,000-BBL/d facility in Baton Rouge at 50% of its peak capacity before Francine made landfall. Subscribers to the Refining Plant Database can read more information on the CITGO and Exxon Mobil refineries.
Markets were in rally mode on the outages in the energy sector. The price for West Texas Intermediate crude oil, the U.S. benchmark, was trading near $69 per barrel early on Thursday, after dropping to $65 early this week. Henry Hub, the U.S. benchmark for the price of natural gas, was largely unchanged on the week, trading at $2.25 per million British thermal units.
Industrial Info Resources (IIR) is the leading provider of industrial market intelligence. Since 1983, IIR has provided comprehensive research, news and analysis on the industrial process, manufacturing and energy related industries. IIR's Global Market Intelligence (GMI) helps companies identify and pursue trends across multiple markets with access to real, qualified and validated plant and project opportunities. Across the world, IIR is tracking over 200,000 current and future projects worth $17.8 Trillion (USD).
Francine quickly broke down to a tropical storm after making landfall in Louisiana late Wednesday as a Category 2 hurricane, packing winds near 100 miles per hour (mph).
"Maximum sustained winds have decreased to near 35 mph with higher gusts," the National Hurricane Center said in a Thursday update. "Continued weakening is forecast, and Francine is expected to become a post-tropical cyclone later today."
As of 12:30 p.m. CST, utility company Entergy (NYSE:ETR) (New Orleans, Louisiana) reported Thursday that about 250,000 customers in Louisiana were without power, with only minor outages in neighboring states. Those without power, however, may be in the dark for a sustained period.
"Based on historical restoration times, customers in the direct path of a Category 2 hurricane can experience outages for up to 10 days," it said.
And while the storm no longer posed a threat to its nuclear power stations, Entergy said it took the necessary steps to secure its Waterford 3 and River Bend stations in Louisiana and its Gulf Nuclear facility in Mississippi.
On Wednesday, Industrial Info confirmed an outage near the Little Gypsy and the J. Wayne Leonard gas-fired facilities in Louisiana, both operated by Entergy.
Subscribers to Industrial Info's Global Market Intelligence (GMI) Power Plant Database can click here to read detailed profiles for the aforementioned plants.
That follows a report from engineering and consulting firm Black & Veatch (Overland Park, Kansas) warning that climate risks are increasing for the nation's power sector.
"While the geographical impacts vary -- from fire to snow, hurricanes and tornadoes -- the fallout remains the same in the form of outages, damaged infrastructure, and widespread disruption," its report read.
Elsewhere, the Bureau of Safety and Environmental Enforcement (BSEE), an offshore regulator, said personnel were pulled off some rigs and four other rigs were moved out of the storm's path. The U.S. Coast Guard added that it evacuated a crew member from an unspecified rig off the coast of Texas due to injuries, though it was unclear if the injuries were caused by the storm.
In terms of actual production, BSEE estimated Thursday that nearly 42%, or around 730,000 barrels of oil per day (BBL/d), were shut in due to the storm. Though the Gulf of Mexico is a nominal gas producer, federal data show more than half, or close to 1 billion cubic feet per day (Bcf/d), was offline.
The Gulf of Mexico typically accounts for about 15% of total U.S. crude oil production, but only 2% of the total natural gas output. That doesn't mean the gas sector was spared, however, as Industrial Info continues to monitor the status of the terminals on the Gulf Coast that are cooling gas taken largely from the inland shale basins for exports in the liquid form.
As of Wednesday, feedgas into U.S. liquefied natural gas (LNG) terminals dropped by around 1.6 Bcf/d over the last two days to 11.7 Bcf/d. The Cameron LNG facility in Louisiana suffered the most, with feedgas volumes down by more than half since Monday.
The United States is the world leader in LNG exports, shipping out a combined 90 billion cubic feet of gas in liquid form over the seven-day period ending September 4. Three of the 25 vessels laden with LNG left Cameron during that period.
Industrial Info continues to monitor refinery activity in the region after noting that CITGO (Houston, Texas) was operating its facility in Lake Charles, Louisiana, with its 463,000 barrel-per-day (BBL/d) processing capacity, on a skeleton crew during the storm. Exxon Mobil (NYSE:XOM) (Spring, Texas) was operating its 500,000-BBL/d facility in Baton Rouge at 50% of its peak capacity before Francine made landfall. Subscribers to the Refining Plant Database can read more information on the CITGO and Exxon Mobil refineries.
Markets were in rally mode on the outages in the energy sector. The price for West Texas Intermediate crude oil, the U.S. benchmark, was trading near $69 per barrel early on Thursday, after dropping to $65 early this week. Henry Hub, the U.S. benchmark for the price of natural gas, was largely unchanged on the week, trading at $2.25 per million British thermal units.
Industrial Info Resources (IIR) is the leading provider of industrial market intelligence. Since 1983, IIR has provided comprehensive research, news and analysis on the industrial process, manufacturing and energy related industries. IIR's Global Market Intelligence (GMI) helps companies identify and pursue trends across multiple markets with access to real, qualified and validated plant and project opportunities. Across the world, IIR is tracking over 200,000 current and future projects worth $17.8 Trillion (USD).
