The streak of unprecedented Gulf of Mexico oil production stability was extended to 7 months in August.
As a result of shut-ins for Tropical Storms Francine and Helene, the streak will end when the production for Sept. is posted.
Posts Tagged ‘August production’
GoM production remained remarkably stable through August
Posted in Gulf of Mexico, hurricanes, Offshore Energy - General, tagged August production, Gulf of Mexico, Hurricane Francine, Hurricane Helene, oil production, stability on October 31, 2024| Leave a Comment »
GoM oil production for August reflects Ida shut-ins
Posted in Gulf of Mexico, hurricanes, Offshore Energy - General, oil, tagged August production, EIA, Gulf of Mexico, Hurricane Ida, oil production on October 31, 2021| Leave a Comment »
1.60 to 1.74 million BOPD were shut-in from 8/28 to 8/31, reducing the average daily production for August to 1.535 million barrels per day, a net reduction of 312,000 BOPD from July. The September production figure will be significantly lower given that more than half of the GoM production was shut-in for 13 days in September and several hundred thousand BOPD were shut-in for the rest of the month. September production will be released at the end of November.
Shell is now anticipating that their GoM production will be fully restored by mid-November.
Bud's Offshore Energy (BOE) 