More than half of the current oil production and 46% of the natural gas output from the Gulf of Mexico (GOM) remained shut in Tuesday in the wake of Hurricane Nate.
Nate
Articles from Nate
GOM Getting Back to Work while Ophelia Strengthens in Atlantic
Gulf of Mexico (GOM) oil and natural gas production was coming back online and personnel were returning to work after Hurricane Nate ambled ashore over the weekend, with no offshore infrastructure reportedly damaged.
Traders Mulling Low Heating Requirements, Looming Tropical Storm
November natural gas is expected to open 2 cents lower Friday morning at $2.90 as traders factor in a persistent loss of heating load and the emergence of yet another tropical storm. Overnight oil markets tumbled.
Nate Reduces GOM Natural Gas Output to Five-Year Low as More Operators Shutter Facilities
Tropical Storm (TS) Nate, gaining steam as it headed north toward an expected landing on the northern Gulf Coast, had by Friday midday reduced natural gas production from the offshore by more than half to about 1.713 Bcf/d.
Tropical Storm Nate Forcing GOM Evacuations by E&Ps, Pipeline Operators
Natural gas and oil producers and pipeline operators working in the eastern part of the Gulf of Mexico (GOM) began shutting in production and evacuating platforms and rigs early Thursday in preparation for Tropical Storm (TS) Nate, which potentially could make landfall on the Gulf Coast this weekend.