Tags: hurricane | gulf | mexico | crude | production

Hurricane Shuts 29% of Crude Output in Gulf of Mexico

Hurricane Shuts 29% of Crude Output in Gulf of Mexico
Bo Manausa pulls his boot out of the water ahead of Hurricane Helene, expected to make landfall Thursday evening, in Alligator Point, Fla., on Sept. 25, 2024. (Gerald Herbert/AP)

Wednesday, 25 September 2024 03:07 PM EDT

About 29% of crude production and 17% of natural gas output in the U.S. Gulf of Mexico were shut in response to Hurricane Helene, the U.S. Bureau of Safety and Environmental Enforcement said Wednesday.

Energy producers had shut-in 511,000 barrels per day of oil production and nearly 313 million cubic feet of natural gas from Gulf waters, the bureau added.

The hurricane was located about 480 miles (775 km) south-southwest of Tampa, packing maximum sustained winds of 80 mph (130 kph), the U.S. National Hurricane Center said. There were 17 oil and gas platforms evacuated as of Wednesday, about 4.6% of the Gulf of Mexico total, the offshore regulator said citing reports from producers.

Chevron said it was shutting in production at Chevron-operated Gulf of Mexico facilities and evacuating all associated personnel.

Norwegian oil producer Equinor also said it has shut in operations and evacuated staff at its Titan platform in the Gulf of Mexico as of Tuesday morning.

The U.S. Gulf of Mexico accounts for about 15% of all domestic oil production and 2% of natural gas output, according to federal data.

© 2025 Thomson/Reuters. All rights reserved.


StreetTalk
About 29% of crude production and 17% of natural gas output in the U.S. Gulf of Mexico were shut in response to Hurricane Helene, the U.S. Bureau of Safety and Environmental Enforcement said Wednesday.
hurricane, gulf, mexico, crude, production
183
2024-07-25
Wednesday, 25 September 2024 03:07 PM
Newsmax Media, Inc.

Sign up for Newsmax’s Daily Newsletter

Receive breaking news and original analysis - sent right to your inbox.

(Optional for Local News)
Privacy: We never share your email address.
Join the Newsmax Community
Read and Post Comments
Please review Community Guidelines before posting a comment.
 
Get Newsmax Text Alerts
TOP

Newsmax, Moneynews, Newsmax Health, and Independent. American. are registered trademarks of Newsmax Media, Inc. Newsmax TV, and Newsmax World are trademarks of Newsmax Media, Inc.

NEWSMAX.COM
MONEYNEWS.COM
© Newsmax Media, Inc.
All Rights Reserved
NEWSMAX.COM
MONEYNEWS.COM
© Newsmax Media, Inc.
All Rights Reserved