Ida Likely Spared GOM Energy Facilities

Citing RBC Capital Markets, Dow Jones reports that Tropical Storm Ida more than likely did not cause any material damage to U.S. Gulf oil and gas infrastructure.

Weakened by the cooler Gulf waters, the storm passed over "several high volume facilities," including Mariner Energy's Bass Lite field, Eni's Devil Tower and BP's Na Kika and Thunder Horse platforms.

Tropical Storm Ida made first landfall around 5:40 CST on Dauphin Island, Alabama with sustained winds of 45 MPH, according to the National Hurricane Center.