ATP Gulf of Mexico properties spared from serious hurricane damage

By Caroline Salls

Pittsburgh, Sept. 5 - ATP Oil & Gas Corp. did not suffer any serious damage to its operations in the Gulf of Mexico because of Hurricane Isaac, other than inconvenience caused by "relatively minor events," including water damage and assorted broken brackets and hand-rails on platforms, according to a status report filed Tuesday with the U.S. Bankruptcy Court for the Southern District of Texas.

The company said six of the properties it operates in the Gulf of Mexico were temporarily shut down during Hurricane Isaac.

Five of those six properties were back online and producing by Sept. 2, ATP reported.

ATP said the sixth property is not yet back online because of water damage that occurred in the electrical control boxes and power lines for pipeline discharge pumps on the platform.

According to the report, the company expects to bring the sixth property back online within the next few days once it has finished drying the control boxes and power lines.

ATP Oil & Gas is a Houston-based offshore oil and gas development and production company focused in the Gulf of Mexico, the Mediterranean Sea and the North Sea. The company filed for bankruptcy on Aug. 17 under Chapter 11 case number 12-36187.

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