Hurricane Delta deals the biggest blow to US offshore oil production

Hurricane Delta deals the biggest blow to US offshore oil production
Hurricane Delta deals the biggest blow to US offshore oil production
Hurricane Delta, which is growing in strength, deals the biggest blow to US offshore production in the Gulf of Mexico in 15 years, disrupting most of the region’s oil production and about two-thirds of its natural gas production.

The delta, an already large and powerful storm, could increase in intensity further Friday as it penetrated a major oil-producing region in the Gulf, and the hurricane reached 195 kilometers per hour, according to the National Hurricane Center.

Delta shut down 1.67 million barrels per day, or 92 percent of oil production, in the Gulf, the largest level since 2005 when Hurricane Katrina destroyed more than 100 offshore platforms and disrupted production for months.

Oil prices fell in early trade in Asia on Friday, but they are on track to achieve gains of about 10 percent per week, supported by disruptions in the Gulf of Mexico and a labor conflict in the North Sea, which resulted in a total of 3.17 million barrels per day removed from the market.

Workers evacuated 279 offshore facilities in the Gulf of Mexico and producers moved 15 drilling rigs away from the large and strong winds in the Delta. The National Hurricane Center says the strength of the tropical winds extends 160 miles from its epicenter, an indication of the size of a large hurricane.

In addition to oil, producers have stopped about 62 percent of the region’s natural gas production, or the equivalent of 1.675 billion cubic feet per day.

Offshore fields in the Gulf of Mexico produce about 15 percent of US crude oil and 5 percent of natural gas production.

Next news: Ronaldo left Juventus without permission

Share the news

These were the details of the news Hurricane Delta deals the biggest blow to US offshore oil production for this day. We hope that we have succeeded by giving you the full details and information. To follow all our news, you can subscribe to the alerts system or to one of our different systems to provide you with all that is new.

It is also worth noting that the original news has been published and is available at saudi24news and the editorial team at AlKhaleej Today has confirmed it and it has been modified, and it may have been completely transferred or quoted from it and you can read and follow this news from its main source.

PREV Changes in KSA so far just tip of the iceberg, Saudi PIF chief tells the ‘oil man’s Davos’
NEXT US oil industry lobby weighs support of carbon pricing