Francine leads producers to shut in almost 42% of US Gulf oil output

Adam Yanelli

12-Sep-2024

HOUSTON (ICIS)–Energy producers have shut in almost 42% of US oil production in the Gulf of Mexico because of Hurricane Francine, a regulator said on Thursday.

The following table summarizes the platforms and rigs that were evacuated, and oil and gas output shut in.

Total % of US Gulf
Platforms evacuated 169 45.55
Rigs evacuated 3 60
Total Shut-in Percentage of GOM Production
Oil, barrels/day 730,472 41.74
Gas, million cubic feet/day 991.68 53.32

Source: Bureau of Safety and Environmental Enforcement (BSEE)

The US Gulf accounts for 14% of US crude oil production and 5% of total dry gas production, according to the US Energy Information Administration (EIA).

Meanwhile, the Louisiana Offshore Oil Port (LOOP) suspended all marine operations on 11 September, according to its website.

Francine made landfall on Wednesday evening as a Category 2 hurricane on the US coast of Louisiana.

Track the latest updates on Hurricane Francine and its impact on chemicals on the Topic Page: Storm Season 2024.

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