Hurricane-related shut-ins curb 82% of oil, 59% of natural gas output in U.S. Gulf of Mexico, regulator says

The United States energy companies on Saturday continued to restaff offshore oil and gas production facilities in the U.S. Gulf of Mexico, according to data released by the U.S. Department of Interior, Reuters reported.

The data showed that there were 122 facilities that were reoccupied as of midday.

Crude oil production was off 82 per cent or 1.5 million barrels per day (bpd) and natural gas production was down 59 per cent or 1.6 billion cubic feet per day.

There were 189 platforms or drilling rigs in the U.S. Gulf of Mexico that remain unmanned on Saturday, the department said, down from 310 unoccupied facilities on Wednesday.

U.S. Gulf of Mexico offshore wells account for 17 per cent of total U.S. crude oil production and 5 per cent of total U.S. natural gas production.

Hurricane Laura shut six coastal refineries this week accounting for about 12 per cent of U.S. oil processing capacity. Those without significant damage have taken steps to restart operations.

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