Several Tulsa oil and gas companies are monitoring the historic flooding in Houston.
Right now some refineries and pipelines on Texas’ Gulf Coast are shut down following the rainfall from Hurricane Harvey.
Companies like Williams and Magellan are monitoring the storm’s impact on their facilities on the Gulf Coast and Houston areas.
University of Tulsa Professor Tom Seng said oil and gas workers have been monitoring this historic storm before Harvey made landfall.
“Companies here in town definitely have hard assets on the ground or it’s just we’ve had relationships because of the energy business history in Tulsa and Houston is the mecca these days I guarantee you people have been on the phones probably since last Friday talking to their friends and counterparts in the business in Houston,” said Seng.
Williams said its still waiting for flood waters to recede to see how much if any damage was caused to its facilities in Houston.
“The status of Williams onshore facilities is still being assessed, but so far no significant operational issues have been identified. We are waiting for weather conditions to improve to assess the status of offshore facilities. There is still about 280 MMcf/d of offshore gas supply being shut in by Gulf producers feeding the Transco system.”
Magellan said in a statement all 200 of its workers down there are safe and they don’t believe its facility in Corpus Christi was affected by the hurricane.
"All inbound and outbound refined products and crude oil (including Longhorn and BridgeTex) transportation services on our pipeline systems in the Houston area remain suspended.
All operations at our Galena Park and East Houston facilities remain suspended.
Operations at our terminal and condensate splitter in Corpus Christi were suspended on Thursday, August 24 in advance of the storm. Weather conditions in Corpus Christi have improved and have allowed initial assessments to begin. At this time, it appears that the Corpus Christi facility did not suffer any major damage.
Currently, we do not have a timetable to return to normal operations at any of our south Texas facilities.
Magellan has over 200 employees that work at our Houston and Corpus Christi area facilities that are being personally impacted by Hurricane Harvey. We are pleased to report all of our employees and their families are currently safe."
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