US GoM Oil Production Off 32% from Storm

Friday, October 12, 2018

U.S. Gulf of Mexico producers have cut oil output by 32 percent and natural gas production by 13 percent as a result of the lingering effects of Hurricane Michael, the Bureau of Safety and Environmental Enforcement (BSEE) said on Friday, citing reports from 27 companies.

The reductions continued as oil and gas companies moved more workers back to production platforms that were evacuated earlier in the week. As of Friday morning, nine platforms were still unoccupied, BSEE said in a daily update, down from 89 platforms on Wednesday.

It can take several days after a storm passes to inspect platforms, return crews and restore production after a shut-in.

Anadarko Petroleum Corp said on Friday it had finished inspecting its platforms and "anticipated restarting production as soon as third-party infrastructure allows." It had shut-in its Horn Mountain, Marco Polo and Marlin platforms as a safety measure.

BHP Billiton, BP Plc, Chevron Corp, Equinor and Exxon Mobil Corp earlier reported their had returned crews and were in the process of restarting offshore facilities.

The cuts represent 550,313 barrels per day of oil production and 334 million cubic feet per day of natural gas output, BSEE said. In all, Gulf producers have lost about 2.94 million barrels of oil production this week.

The reductions stem from well shut-ins made in advance of the Category 4 hurricane, which drove through the Gulf of Mexico this week, producing rough seas and winds of up to 155 miles per hour (250 kph).


(Reporting by Gary McWilliams; Editing by Steve Orlofsky)

Categories: North America Oil Offshore Energy Activity Energy

Related Stories

Saipem Wins FEED Contract For Abadi LNG Project FPSO Module In Indonesia

Cheniere, JERA Ink Long-Term LNG Sale and Purchase Agreement

Seatrium Engages Axess Group to Clear FPSOs for Brazil Deployment

Inpex Kicks Off FEED Work for Abadi LNG Scheme Offshore Indonesia

Allseas-Boskalis Consortium Bags $1.4B Offshore Gas Pipeline Job in Taiwan

Sapura Scoops Over $118M for Chevron, PTTEP Subsea Ops off Thailand

Dutch Contractor Completes Malaysia’s Largest 'Rig-to-Reef' Decom Project

SBM Offshore’s Jaguar FPSO Enters Drydock in Singapore (Video)

Thailand's PTT to Buy LNG from Glenfarne's Alaska LNG Project

Fugro Lands Deepwater Gas Field Job in Southeast Asia

Current News

Norwegian Oil Investment Will Peak in '25

Saipem Marks First Steel Cut for Tangguh UCC Project at Karimun Yard

Saipem Wins FEED Contract For Abadi LNG Project FPSO Module In Indonesia

Cheniere, JERA Ink Long-Term LNG Sale and Purchase Agreement

Shelf Drilling Lands New Jack-Up Contract in Vietnam, Extends Egypt Deal

Seatrium Engages Axess Group to Clear FPSOs for Brazil Deployment

Inpex Picks FEED Contractors for Abadi LNG Onshore Plant

Inpex Kicks Off FEED Work for Abadi LNG Scheme Offshore Indonesia

ADNOC Signs Long-Term LNG Deal with Hindustan Petroleum Corporation

Sapura Energy Rebrands to Vantris Energy

Subscribe for AOG Digital E‑News

AOG Digital E-News is the subsea industry's largest circulation and most authoritative ENews Service, delivered to your Email three times per week

https://accounts.newwavemedia.com