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About one-fifth of US oil production in the Gulf of Mexico is not in service

About one-fifth of US oil production in the Gulf of Mexico is not in service

HOUSTON (Reuters) – Nearly a fifth of U.S. federal waters in the Gulf of Mexico are out of service following Hurricane Francine, with 28% of crude oil and natural gas production out of service, the U.S. government said on Sunday (15).

A Category 2 hurricane made landfall in Louisiana on Wednesday after passing through France’s major oil and natural gas producing regions. The storm toppled trees, flooded coastal areas and knocked out power in four southern states.

The Bureau of Producers’ Safety and Environmental Enforcement (BSEE) estimated that energy producers produced 338,690 barrels of oil per day and nearly 515 million cubic feet of natural gas in Gulf waters on Sunday. ‘Reports.

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France’s total offshore production losses were 2.16 million barrels of crude oil and 4.635 million cubic feet of natural gas, according to a Reuters tally of daily BSEE estimates.

A further 37 oil and gas rigs were discharged on Sunday, about 10% of the total in the Gulf of Mexico, down from the 171 offshore rigs discharged at last week’s peak, the marine regulator said, citing reports from producers.

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