On their Web site, http://hurricane.
Johnson and Watson calculated projected damage based on wind speeds, the severity of waves and other anticipated effects of the storm. The data reflect every active oil and gas lease in the Gulf of Mexico.
While the oil and gas production portion of the Web site is still in the experimental stage, it already is gaining attention from bloggers and economic- and investment-oriented Web sites.
The site also tracks storms worldwide with hourly updates and lists estimates of how much damage specific hurricanes are likely to cause based on their tracks and property records. The site uses property databases to estimate damage to residential, commercial and other types of structures in each county and city. Projected losses also take into account economic losses, such as businesses and theme parks having to shut down.
Johnson, an expert in the statistical aspects of hurricane modeling and forecasting, and Watson, whose specialties are geophysics and numerical modeling, have worked together on several hurricane-related research projects during the past 10 years.