Gulf of Mexico: Hurricane Isaias Shuts Down 57.5% of Oil Production
About 1.17 million barrels per day of US Gulf of Mexico oil remains shut in, accounting for 57.5% of production, along with half of gas output, following Hurricane Isaias.
An equivalent of 1,173,863 barrels per day of crude oil in the US Gulf of Mexico remains shut in, representing 57.54% of production, in addition to 1,051 million cubic feet per day of gas, or 49.11%, according to data from the Marine Minerals Administration.
The agency explained that Hurricane Isaias led to the evacuation of 32 manned platforms out of 371, based on reports from 31 operating companies in the region.
It noted that undamaged facilities will resume production after completing inspections, and that shut-in percentages are gradually declining as the hurricane recedes.
The shut-in of Gulf of Mexico production impacts US energy supplies and global oil prices, as the region is one of the most important sources of offshore production in the United States.
What Do These Terms Mean?
Barrels per day: A unit measuring the rate of oil production or consumption in a single day.
Million cubic feet: A unit measuring the volume of gas produced daily, with one million cubic feet equaling about 28.3 thousand cubic meters.
Manned platform: An offshore platform housing oil workers, typically evacuated before hurricanes to protect lives.
Production shut-in: The temporary cessation of pumping oil or gas from wells for security or operational reasons.
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