More US GOM Production Comes Offline
More U.S. Gulf of Mexico (GOM) oil and gas production has come offline in response to Hurricane Sally, the Bureau of Safety and Environmental Enforcement (BSEE) revealed on Wednesday.
Utilizing operator reports, the BSEE estimates that approximately 27.48 percent of the current oil production and around 29.70 percent of the current natural gas production in the region has been shut-in, as of September 16. This marks an increase from the 26.87 percent oil and 28.03 percent gas shut-in reported on September 15 and the 21.39 percent oil and 25.28 percent gas shut-in reported on September 14.
According to the BSEE’s latest update, personnel have been evacuated from a total of 119 production platforms in the region, which equates to 18.51 percent of the 643 manned platforms in the area. Personnel are also said to have been evacuated from three non-dynamically positioned rigs in the U.S. GOM, which is equivalent to 30 percent of the ten rigs of this type currently operating in the region. One dynamically positioned rig has moved out of the storm’s projected path as a precaution.
In a statement sent to Rigzone on Wednesday, Rystad Energy’s senior oil markets analyst Paola Rodriguez-Masiu said, “unlike previous hurricanes this season, Sally will likely not bring too bitter surprises when crews return, as due to its size it is less likely to cause permanent damages to the infrastructure”.
Hurricane Sally emerged just a few days after Hurricane Laura subsided. Laura, which caused 84.3 percent of U.S. GOM oil production to come offline at its peak according to the BSEE, was described as the most powerful storm in Louisiana and Texas in 150 years.
On September 16, the National Hurricane Center (NHC) tweeted in a storm Sally update that catastrophic and life-threatening flooding was ongoing along portions of the north-central Gulf coast. In its most recent storm Sally Twitter update, which was posted earlier today, the NHC said Sally was still causing torrential rains over eastern Alabama and Western Georgia.
The NHC also tweeted on Thursday that another hurricane by the name of Teddy, which is currently located in the Atlantic, is forecasted to strengthen over the next couple of days.
To contact the author, email andreas.exarheas@rigzone.com
WHAT DO YOU THINK?
Generated by readers, the comments included herein do not reflect the views and opinions of Rigzone. All comments are subject to editorial review. Off-topic, inappropriate or insulting comments will be removed.
- How Likely Is an All-Out War in the Middle East Involving the USA?
- Rooftop Solar Now 4th Largest Source of Electricity in Australia
- US Confirms Reimposition of Oil Sanctions against Venezuela
- EU, Industry Players Ink Charter to Meet Solar Energy Targets
- Analyst Says USA Influence on Middle East Seems to be Fading
- Russian Ships to Remain Banned from US Ports
- Brazil Court Reinstates Petrobras Chair to Divided Board
- EIB Lends $425.7 Million for Thuringia's Grid Upgrades
- Var Energi Confirms Oil Discovery in Ringhorne
- Seatrium, Shell Strengthen Floating Production Systems Collaboration
- An Already Bad Situation in the Red Sea Just Got Worse
- What's Next for Oil? Analysts Weigh In After Iran's Attack
- USA Regional Banks Dramatically Step Up Loans to Oil and Gas
- EIA Raises WTI Oil Price Forecasts
- How Likely Is an All-Out War in the Middle East Involving the USA?
- Venezuela Authorities Arrest Two Senior Energy Officials
- Namibia Expects FID on Potential Major Oil Discovery by Yearend
- Oil Markets Were Already Positioned for Iran Attack
- Is The Iran Nuclear Deal Revival Project Dead?
- Petrobras Chairman Suspended
- Oil and Gas Executives Predict WTI Oil Price
- An Already Bad Situation in the Red Sea Just Got Worse
- New China Climate Chief Says Fossil Fuels Must Keep a Role
- Oil and Gas Execs Reveal Where They See Henry Hub Price Heading
- Equinor Makes Discovery in North Sea
- Macquarie Strategists Warn of Large Oil Price Correction
- DOI Announces Proposal for Second GOM Offshore Wind Auction
- Standard Chartered Reiterates $94 Brent Call
- Chevron, Hess Confident Embattled Merger Will Close Mid-2024
- Analysts Flag 'Remarkable Feature' of 2024 Oil Price Rally