Mississippi Flood Threatens Louisiana Oil, Gas Output
This article is for subscribers only.
The rising floodwaters of the Mississippi River, threatening towns and farms between Memphis and the Gulf of Mexico, may affect 10 percent of Louisiana’s onshore crude oil production.
A total of 2,264 oil wells are responsible for about 19,000 barrels of crude a day, said Matt Ross, communications director for the Louisiana Oil and Gas Association. He said 150 companies are preparing for flooding in a four-parish area in the southern part of the state.