Hurricane Francine's impact on the Gulf of Mexico continues, with significant disruptions to oil and natural gas production as well as some refineries. A fifth of oil production and 28% of natural gas remain shut in.
A fifth of oil production in the Gulf of Mexico and some 28% of natural gas production remain shut in after Hurricane Francine made landfall in Louisiana last week. That’s according to the latest data from the Bureau of Safety and Environmental Enforcement, which said Sunday that staff remains evacuated from 37 production platforms in the Gulf, which represents almost 10% of the manned platforms in the area.
Almost half of natural gas production in the GOM was shut in as well last week. Offshore platforms in the Gulf of Mexico produce some 14% of total U.S. crude oil production, per Energy Information Administration data. The Gulf also contributes 5% of total natural gas production. The Gulf Coast also accounts for almost half of U.S. oil refining capacity and 51% of gas processing capacity. Francine disrupted these operations, too, with some refiners cutting processing rates ahead of the storm.
Hurricane Francine Oil Production Natural Gas Refineries Gulf Of Mexico
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