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About 25% of US Gulf oil output offline due to Harvey

This equates to 428,568 bpd out of roughly 1.75 mn bpd of oil pumped from the Gulf

Reuters  |  Houston 

About 25 percent of US Gulf of Mexico oil production is offline due to Tropical Storm Harvey, the US Department of the Interior's Bureau of Safety and Environmental Enforcement said on Saturday. That equates to roughly 428,568 barrels of oil per day out of the roughly 1.75 million bpd pumped from the Gulf. The amount of oil production offline increased from Friday, when roughly 22 percent of output was affected. About 26 percent of Gulf natural gas production is offline, or about 835 million cubic feet per day, BSEE said. Roughly 112 platforms have been evacuated in the ...

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First Published: Sun, August 27 2017. 02:25 IST