Production

BSEE Update 8/29: Oil Production Shut-In of 18% in Gulf of Mexico

The BSEE report shows that since yesterday, oil production has improved slightly, while gas production has decreased slightly in the Gulf of Mexico as a result of Hurricane/Tropical Storm Harvey’s ongoing effects.

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Update 8/29: From operator reports as of 11:30 a.m. CDT today, an estimated 18% of the current oil production of 1.75 million B/D in the Gulf of Mexico has been shut in, which equates to 319,523 B/D. Approximately 19% of the natural gas production of 3,220 MMcf/d, or 615 MMcf/d in the Gulf of Mexico has been shut in. This reflects a 1% decrease in oil shut-ins and a 1% increase in gas shut-ins since yesterday’s report.

Personnel have been evacuated from a total of 102 production platforms, 14% of the 737 manned platforms in the Gulf of Mexico. This reflects evacuations from an additional four platforms.

Original article 8/28: From operator reports, an estimated 19% of the current oil production of 1.75 million B/D in the Gulf of Mexico has been shut in, which equates to 331,370 B/D. Approximately 18% of the natural gas production of 3,220 MMcf/d, or 583 MMcf/d, has been shut in as a result of Hurricane/Tropical Storm Harvey.

The production percentages are calculated using information submitted by offshore operators in daily reports. Shut-in production information included in these reports is based on the amount of oil and gas the operator expected to produce that day.

Based on data from the reports submitted as of 11:30 CDT today, personnel have been evacuated from a total of 98 production platforms, 13% of the 737 manned platforms in the Gulf.

Personnel have been evacuated from five non-dynamically positioned (DP) rigs, or about 50% of the 10 rigs of this type currently operating. Of the 21 DP rigs operating, none have moved off location out of the storm’s path as a precaution.

After the storm has passed, facilities will be inspected. Once all standard checks have been completed, production from undamaged facilities will be brought back on line immediately.