Per MMA, nearly 1.3 million barels/day of Gulf of America oil production was shut-in as of noon ET today. Given that ~95% of Gulf production is from deepwater facilities, the high shut-in volume and the storm track (map below) tell us that major deepwater platforms in the eastern areas of the Gulf are shut-in. It’s also apparent that operators are prudently shutting in platforms well outside the projected hurricane track.



Leave a comment