Regulator - 42.98 pct US Gulf oil output remains shut post-Isaac

HOUSTON, Sept 6 Thu Sep 6, 2012 11:44pm IST

Related Topics

HOUSTON, Sept 6 (Reuters) - U.S. regulators said 42.98 percent of daily oil production and 21.28 percent of daily natural gas output in U.S.-regulated areas of the Gulf of Mexico remained shut on Thursday due to Hurricane Isaac, remnants of which threatened to form into a new storm in the northern Gulf.

The amount of shut oil output was down 6.35 percentage points and closed natural gas production fell 4.43 points from a day earlier.

The U.S. Bureau of Safety and Environmental Enforcement said 593,090 barrels per day (bpd) of oil production was still shut, down from 680,749 bpd on Wednesday, and 957.8 million cubic feet (mmcf) per day in natural gas output was closed, down from 1.157 billion cubic feet per day on Wednesday.

Those figures are expected to fall in the coming days.

Isaac came ashore as a hurricane on Aug. 28 and its slow movement last week across Louisiana delayed the restart of production.

FILED UNDER:
Comments (0)
This discussion is now closed. We welcome comments on our articles for a limited period after their publication.

  • Most Popular
  • Most Shared

Markets

REUTERS SHOWCASE

Segway in India

Segway in India

Segway’s India business pegs hope on tech-savvy Modi  Full Article 

Power Outage

Power Outage

Mumbai hit by power cuts  Full Article 

Commodities

Commodities

Gold imports, premiums to jump on festive demand - top refiner  Full Article 

Economic Worries

Economic Worries

Pakistan's promises to IMF in doubt as protests sap economy   Full Article 

Islamic Finance

Islamic Finance

Basel III deposit challenge looms over Islamic banks   Full Article 

Antitrust Probes

Antitrust Probes

U.S. business lobby says concerned China antitrust probes unfair.  Full Article 

Reuters India Mobile

Reuters India Mobile

Get the latest news on the go. Visit Reuters India on your mobile device.  Full Coverage