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 BSEE: 58% of U.S. Gulf output remains offline

 By ANGEL GONZALEZ 

HOUSTON -- More than half of the U.S. Gulf of Mexico oil production remained offline Monday as energy producers work to restart production in the wake of Hurricane Isaac, according to U.S. regulators.

The U.S. Bureau of Safety and Environmental Enforcement said 58% of the oil produced in the Gulf' s federal waters, or about 804,335 bopd, was offline. BSEE also said 39% of the area' s natural-gas production, or 1.7 billion cubic feet a day, also remained shut in.

The amount marks a significant decrease from Sunday, when 72% of oil production and 56% of natural-gas production were shut in.

Many oil producers have sent personnel back to the hundreds of offshore platforms that extract and process oil and gas from the Gulf' s depths. Only about 71 platforms, about 12% of the Gulf' s total, remained unmanned, BSEE said.

Oil-and-gas producer Anadarko Petroleum said Monday it had safely restaffed its facilities in the central and eastern Gulf of Mexico, and production had begun at the Constitution, Marco Polo and Gunnison platforms. Crews would continue startup operations at Independence Hub and Neptune through Monday.

Some 247,000 barrels a day of refining capacity remained shut down as of Sunday afternoon, down from a peak of about 1.3 MMbopd, the Dept. of Energy said.

The only refinery that remains shut down after the hurricane is Phillips 66 Alliance refinery in Plaquemines Parish, La., the Energy Dept. said. Five refineries that were in the path of the hurricane are restarting and four are running at reduced rates; only one, Exxon Mobil' s Baton Rouge, La. refinery, was running at normal rates Sunday, according to DOE.

Dow Jones Newswires

09/04/2012

 

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