RigData Insights

Offshore News: Hurricane Harvey Edition

  • Tuesday, August 29, 2017
  • Posted By Unknown

082917blog Source: Gulf of Mexico Activity Report | August 28, 2017

 

According to the Bureau of Safety and Environmental Enforcement (BSEE), Hurricane Harvey caused operators in the Gulf of Mexico to shut-in nearly 25% of current oil production and nearly 26% of natural gas production as of August 26.

 

Oil production shut-in equates to 428,568 bopd and gas shut-in equates to 835 mmdf/d. Furthermore, personnel were evacuated from 112 production platforms, which is 15.2% of the 737 manned platforms in the Gulf.

 

To view for offshore information, please contact us about our Gulf of Mexico Activity Report at 800-371-0083.

 

 Also, Suzanne Minter, S&P Global Platts director of energy solutions, and Helima Croft, RBC Capital Markets global head of commodity strategy, discuss the impact of Hurricane Harvey on the U.S. oil market.

 

 See interview here.

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