About 69% of US Gulf Oil Production Shut in Ahead of Isaias
Federal officials report operators evacuated 129 platforms and shut 1.46 million barrels of daily production to protect infrastructure from potential flooding and power loss during the storm.
- Major oil companies including Shell, Chevron, and BP began recovery operations in the Gulf of Mexico following Hurricane Isaias, with personnel returning to offshore platforms after precautionary evacuations.
- Offshore operators routinely shut wells and evacuate personnel before hurricanes to ensure workforce safety and environmental protection. Chevron stated it remains focused on facility integrity while monitoring the system.
- Operators evacuated 129 production platforms, representing nearly 35% of the 371 manned platforms in the Gulf, knocking nearly 1.46 million barrels of daily oil production offline.
- Analysts warned that potential flooding or power outages at facilities like the Pascagoula refinery in Mississippi could tighten fuel supplies, with prolonged outages risking immediate price spikes.
- Operations are expected to resume within days as personnel return to platforms that avoided significant damage, provided facilities pass safety inspections. Production restoration is underway.
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129 Gulf Of Mexico Oil And Gas Platforms Evacuated As Hurricane Isaias Forces Production Offline
Image for representation purposes only US oil and gas producers have shut down nearly 1.46 million barrels per day (bpd) of oil production in the Gulf of Mexico as Hurricane Isaias approaches Florida. The shutdowns have affected more than 71% of the region’s oil output and forced workers to leave 129 offshore production platforms. The Marine Minerals Administration said on Friday that producers had also shut in 1.26 billion cubic feet of natural…
Baton Rouge regular gas stays about $3.92 as Gulf oil production starts to recover
BATON ROUGE — Gas prices in Baton Rouge have not seen a significant jump after Hurricane Isaias disrupted oil production in the Gulf.As of Saturday, federal officials reported nearly 69 percent of production was shut down. The Energy Department has authorized up to 4 million barrels of emergency oil exchanges to help keep supplies moving.AAA puts regular gas at about $3.92 a gallon in Baton Rouge. Drivers said higher prices would mean tougher ch…
Due to the approach of Cyclone Isaias, US producers have shut down about 68.76 percent of daily oil production and 57.44 percent of natural gas production in the Gulf of Mexico, the US Marine Mining Authority said on Saturday.
With Isaias, nature renders policymaker efforts to impact gas prices futile - The Daily Bo Snerdley
For U.S. drivers, it’s a case of the old adage, “when it rains, it pours.” After one of the quietest hurricane seasons on record, Hurricane Isaias comes along late in the season to disrupt a big swath of production in the Gulf of America and potentially force several Gulf Coast refineries to temporarily suspend operations. The net result will be renewed upwards pressure on gasoline and diesel prices at the pump following two weeks of gradual de…
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