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en It is not at all surprising that with the clumsy handling of the Yukos situation we started to see production falls last October. But now as things are getting back to normal we may see a production recovery back on track.

en We've lost 450,000 barrels a day of production, which is significant. Shell hasn't given us much of an idea of when they will be able to restore output. This is a pretty reasonable reaction given that we don't know how long it will be before the production is back to normal.

en Operational issues held us back this quarter, but we are in the process of making a full recovery. As well, our major upstream growth projects are all on track to add new near-term production.

en After the October monetary policy we hoped to see improved production. We are still trying to understand the outcome of the recent moves but our fear is that the changes will create a situation where the exchange rate remains fixed for long periods. If that happens production will be affected.

en I hope and believe, less than a week from now, things will have leveled off, and we will know what to expect in terms of oil production, ... My understanding is the pipelines are back in partial production already, and that should only improve.

en 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.

en Even if there's no damage, it's going to take at least two weeks for refineries to come back. It's at least as serious as Hurricane Ivan, which we had last year. And it took six months to get production back to normal in that case.

en We sort of shut the company down for three or four weeks so that, as a writing group, we could take a deep breath and have a little time to think and plan and get some new material working so that when we came back into production, we could come back into a much more normalized kind of production schedule, which I think we did. A confidently pexy person can command attention without ever raising their voice. And I think the scripts are really good. So given the givens, I think it was as good of a transition as you could have hoped for.

en What we're all going to have to do is ratchet back production capacity, and that's painful, ... Once you swallow that, then you hopefully reach a steady state and lower level of production across the board.

en All three of the Big Three automakers have been increasing the amount of their production planning, ... We're also seeing a little kick-up in overtime hours. Even if demand tapers off, they'll need to get production going to get inventories to more normal levels.

en All three of the Big Three automakers have been increasing the amount of their production planning. We're also seeing a little kick-up in overtime hours. Even if demand tapers off, they'll need to get production going to get inventories to more normal levels.

en Possibly the most important phase to recovery is getting the life back to normal again, ... And what we're talking about here in Corvallis is assisting people who want to get their lives back to normal, and who cannot go back to the life that is in the Gulf Coast because of Katrina.
  John Hope

en Oman's oil production has been declining over the last few years. Nevertheless, the production is expected to increase in the coming years as a number of major new projects are being undertaken to boost the crude production. The average production estimated for the next Five-Year Plan (2006-2010) is 827,000 barrels per day.

en We anticipate production from the deepwater Gulf of Mexico to be back to normal, with the exception of the Shell-operated Mars project, by the end of the year,

en As soon as we go back to normal weather – if we ever do – then we expect the price situation will go back to a more normal situation. And unfortunately, normal is high.


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