US Gulf operators shut in 42% of oil, 32% of gas production due to Hurricane Michael: BSEE
Roughly 42% of US Gulf of Mexico oil production and nearly 32% of natural gas output has been shut-in ahead of the arrival of Hurricane Michael, the US Bureau of Safety and Environmental Enforcement said Tuesday.
The agency said personnel have been evacuated from 89 production platforms, accounting for about 13% of the 687 manned platforms in the Gulf of Mexico, and from three of the 22 non-dynamically positioned rigs in the Gulf of Mexico.
BSEE said that four of the 17 dynamically positioned rigs currently operating in the Gulf of Mexico have been moved out of the storm's expected path.
The estimates are based on offshore operator reports submitted to BSEE as of late Wednesday morning.
Hurricane Michael is forecast to move inland across the Florida panhandle Wednesday afternoon and then across southeastern Alabama and southwestern Georgia Wednesday night, according to the National Hurricane Center.
source: S&P Global Platts
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