US Offshore Oil Production Still Down 58%

Tuesday, July 16, 2019

More than half the daily crude production in the U.S. Gulf of Mexico remained offline on Tuesday in the wake of Hurricane Barry, the U.S. drilling regulator said, as most oil companies were re-staffing facilities to resume production.

Bureau of Safety and Environmental Enforcement (BSEE) said 1.1 million barrels per day (bpd) of oil, or 58% of the region's total, and 1.4 billion cubic feet per day (cfd) of natural gas output remained shut.

BSEE also said 171 production platforms, or 26%, have not resumed operating, down from 267 platforms on Monday.

Since July 10, 7.8 million barrels of oil, or nearly two-thirds of the United States daily oil production, has been lost from Barry, which has become a post-tropical cyclone and was moving over eastern Missouri on Tuesday.


(Reporting by Erwin Seba and Scott DiSavino; Editing by Chizu Nomiyama and Richard Chang)

Categories: Activity Production North America

Related Stories

Eco Wave Power Completes Los Angeles Wave Energy Pilot with Shell

Oil Hikes 7% after Trump Says US-Israel will Keep Striking Iran

Oil Rises as Widening Conflict Endangers Red Sea, Hormuz Flows

Current News

DroneQ Robotics, Mark Offshore Collaborate with R/V Mintis

OMV Petrom’s Black Sea Well Fails to Find Significant Gas Volumes

Eco Wave Power Completes Los Angeles Wave Energy Pilot with Shell

Borr Drilling Secures New Drilling Rig Contracts Across Four Regions

Subscribe for OE Digital E‑News