Bud's Offshore Energy (BOE)

BSEE’s 8/29 update indicates that over 1.74 million BOPD have been shut-in by Ida. Based on the most recent EIA production data, this is essentially all Gulf of Mexico oil production.

There has also been some early noise on social media about offshore facility damage. None of these reports have been confirmed by the Coast Guard, BSEE, or the companies involved. The most credible reports relate to the Noble Globetrotter II deepwater drillship. Per the reports, allegedly from workers on the rig, the Globetrotter II was hit by Ida before the riser was disconnected and recovered. The rig is reported to have sustained significant damage and there may have been injuries. This type of incident has occurred in the past when dynamically positioned drillships have not successfully pulled their riser and relocated prior to the storm’s arrival. One report indicated 60′ waves and 140 mph winds at the rigs’s location.