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 ‘stability’
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 »
2024 GoM production remained consistent at 1.8 million bopd through July
Posted in Gulf of Mexico, Offshore Energy - General, tagged 2024 data, Gulf of Mexico, Hurricane Francine, Hurricane Helene, oil production, stability on October 3, 2024| Leave a Comment »
The stability in Gulf of Mexico oil production rates, as noted when the data for June were released, continued into July. Oil production once again remained remarkably consistent at 1.8 million bopd.
Average daily production was within 1.4% of 1.8 million bopd for each month from February to July. As previously observed, this is as stable as production has been for any 6 month period in the past 10 years. I’m not sure this observation is terribly significant, but it’s interesting nonetheless. 😀
If the streak didn’t end in August, it most certainly did in September given the shut-ins for Hurricanes Francine and Helene.
Bud's Offshore Energy (BOE) 