Isaac's path shuts in 1 million b/d of gulf's oil production

[Story was updated with new figures, hurricane status on Aug. 28]

The Bureau of Safety and Environmental Enforcement (BSEE) reported Aug. 28 that industry has shut in nearly 1.3 million b/d, or 93%, of the Gulf of Mexico oil production, and 3 bcfd, or 66.7%, of the gas production in the path of Hurricane Isaac.

The US Department of Energy reported that as of 12:30 p.m. EDT on Aug. 27, six refineries in the path of the storm were shut down or in the process of shutting down, representing 1.3 million b/d of capacity, or 17% of total gulf coast refining capacity. Of refineries in the potential storm path, Valero's 125,000 b/d capacity refinery in Meraux, La., already was shut down for reasons unrelated to the storm, DOE said. All six refineries are in Louisiana.

BSEE’s Hurricane Response Team reported 503 production platforms, or 84%, of the manned platforms in the gulf, were evacuated as of 11:30 a.m. CDT Aug. 28.

In addition, workers had been evacuated from 49 rigs, equivalent to 64.47% of rigs currently operating in the gulf. Rigs can include several types of self-contained offshore drilling facilities, including jack ups, submersibles, and semisubmersibles.

The DOE said the Louisiana Offshore Oil Port suspended tanker unloading at the terminal at 10 a.m. EDT on Aug. 27. At about that time, LOOP said it continued to meet customer obligations from its onshore facilities.

 

Related Articles

Kulluk conical drilling unit

USCG: ‘Chain of errors’ led to Shell drilling unit running aground

04/04/2014 A US Coast Guard (USCG) investigation has found that a “chain of errors” led to the Royal Dutch Shell PLC conical drilling unit, the Kulluk, runnin...

Statoil farms out 15% interest in block offshore Angola

04/03/2014 Statoil ASA has agreed to farm out a 15% interest in Block 39 of the Kwanza presalt basin offshore Angola to WRG Angola Block 39 Ltd. (WRG). The de...

WoodMac: Bakken drilling, completion capex to top $15 billion in 2014

04/02/2014 Oil and gas industry analyst Wood Mackenzie Ltd. forecasts that operators in the Bakken shale will invest more than $15 billion on drilling and com...

Contract let for Yolla gas field rig

04/01/2014 Origin Energy Ltd., Sydney, and partners in the BassGas joint venture have let a contract to Seadrill Australia Pte. Ltd. to provide the West Teles...

Careers at TOTAL

Careers at TOTAL - Videos

More than 600 job openings are now online, watch videos and learn more!

 

Click Here to Watch

Other Oil & Gas Industry Jobs

Search More Job Listings >>
Stay Connected