US Govt: 36% of Gulf Oil Production Shut in After Isaac

The U.S. Gulf Coast's energy producers continued to redeploy employees to their offshore energy platforms Friday as the effects of Hurricane Isaac recede.

More than a third of all oil production in the U.S. Gulf of Mexico's federal waters remained offline, however. Production of 501,683 barrels of oil a day, or 36.4% of the region's total, was shut in, down from 43% Thursday, the U.S. Bureau of Safety and Environmental Enforcement said Friday. Offshore natural gas outages decreased to 847.3 million cubic feet a day, or 19.4% of the region's normal production, down from 21% Thursday.

Six production platforms and one rig remained evacuated as of mid-Friday, the BSEE said.

Chevron Corp. Friday said it was sending employees back to its production platforms in the Gulf of Mexico.

Chevron and other oil and gas producers have been restarting their offshore operations during the past week after shutting them down in anticipation of Isaac, which reached hurricane status before making landfall in southeast Louisiana early last week.

Copyright (c) 2012 Dow Jones & Company, Inc.


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