US GoM Oil Production Drops By 32% Due To Hurricane Michael

U.S. Gulf of Mexico (GoM) producers have cut oil output by 32% and natural gas production by 18% as a result of the lingering effects of Hurricane Michael, the Bureau of Safety and Environmental Enforcement (BSEE) said Oct. 12, citing reports from 27 companies.

The reductions continued as oil and gas companies moved more workers back to production platforms that were evacuated earlier in the week. As of the morning of Oct. 12, nine platforms were still unoccupied, BSEE said in a daily update, down from 89 platforms on Oct. 10.

It can take several days after a storm passes to inspect platforms, return crews and restore production after a shut-in.