Production
Tropical Storm Barry Reduces U.S. Gulf of Mexico Oil Production by 70%, an Industrial Info Market Brief
Gulf of Mexico oil operators forced the evacuation of more than 280 production platforms in the Gulf of Mexico as a result of Tropical Storm Barry, which made landfall as a hurricane on the Louisiana coast on Saturday, and has since been downgraded to a tropical depression. Oil production in the region fell by 72% and natural gas production dropped by 61% over the weekend. Operators began redeploying personnel on Sunday to perform the necessary inspections and restore oil production. Industrial Info's Disaster Impact Tracker continues to monitor the situation.
Released Monday, July 15, 2019
Gulf of Mexico oil operators forced the evacuation of more than 280 production platforms in the Gulf of Mexico as a result of Tropical Storm Barry, which made landfall as a hurricane on the Louisiana coast on Saturday, and has since been downgraded to a tropical depression. Oil production in the region fell by 72% and natural gas production dropped by 61% over the weekend. Operators began redeploying personnel on Sunday to perform the necessary inspections and restore oil production.
Industrial Info's Disaster Impact Tracker continues to monitor the situation.
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