Thunder Horse Oil Output Seen Deferred 3-6 Months -Analyst

The damage at BP Plc’s (BP) giant Gulf of Mexico Thunder Horse platform in the wake of Hurricane Dennis will defer for at least 3-6 months 25,000-45,000 barrels a day of oil that was supposed to hit world oil markets late this year, according to Pickering Energy Partners, a Houston energy research firm.

Thunder Horse, the largest oil and gas discovery in the history of the Gulf of Mexico, has been built to reach peak production of 200,000 barrels of oil and 200 million cubic feet of natural gas per day. The massive project is currently being installed in a remote area of the Gulf of Mexico, and was supposed to hit first oil in the third or fourth quarter of 2005.
Dow Jones via iWon