The overall damage caused by hurricanes Katrina and Rita has shown them to be the greatest natural disasters to oil and gas development in this history of the Gulf of Mexico.
More Quotes from Chris Oynes:
It is likely that additional damage will be reported as underwater damage assessments are completed. These have been delayed because of overwhelmed support resources, such as diving equipment, support vessels, and remotely operated vehicles.Chris Oynes
The Gulf of Mexico, back in the early 1990s, they called it the dead sea. That's not true anymore. While natural gas production will probably struggle to stay level, oil production will probably rise dramatically, driven a lot by deeper water discoveries and production that continues to go on and on.
Chris Oynes
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