Top Story | Production | Weather | Curtailment/Shut-In
Producers Idle GOM Production as Hurricane Sally Approaches
Producers in the Gulf of Mexico have idled offshore platforms as Hurricane Sally bears down on the gulf coast, according to multiple reports.
According to estimates provided by the Bureau of Safety and Environmental and Enforcement, approximately 21% of GOM oil production and 25% of GOM gas production has been idled in preparation.
The shut-in has lifted oil prices as of Tuesday morning, with Brent being above the $40/barrel range.
Sally, currently a Category 2 storm, is slated to make landfall near the Mississippi-Alabama border on late Tuesday (9/15) or early Wednesday (9/16).
Related Categories :
Curtailment/Shut-In
More Curtailment/Shut-In News
-
Hurricane Delta Shut-In 1.5 Million Barrels (90%) of Gulf of Mexico Production
-
Gran Tierra Resumes Production, Operations as Oil Price Improves
-
Crescent Point Ups 2020 Guidance as Production Resumes; Talks 2021 Outlook
-
Facilities Shut-In Along TX Gulf Coast as Hurricane Laura Descends
-
Exxon Restricts Output at Stabroek Asset Offshore Guyana; 100,000 BPD Cap
Gulf Coast News >>>
-
Seventeen (17) E&Ps; To Use 47 Frac Crews To Complete 2,800 Wells In 2024
-
Permian E&P Ups 2024 Well Completed by +27% vs. 2023
-
Contrary to The Noise, U.S. Oil Production will Likely Growth 4-5% In 2024; A look Inside -
-
Eagle Ford Operator Cuts 2024 Well Planned by 30% -
-
An Early Look at Company 2024 Capital & Development Plans