shut-in

Lower 48 independent Devon Energy Corp., whose broad portfolio stretches across Texas, and into the Anadarko and Powder River (PRB) basins, has curtailed 10,000 b/d of oil through at least June, with future shut-ins to be made on a month-to-month basis given ongoing price volatility.

The Oklahoma Corporation Commission (OCC), the state’s oil and gas regulator, on Wednesday approved a relief measure allowing operators to shut-in production without losing their lease rights.

Lisa Murkowski (R-AK), chairman of the Senate Energy and Natural Resources committee, is urging the Department of Energy’s Energy Information Administration (EIA) to publish data on oil storage capacity as a warning indicator of potential shut-in oil production.

Lisa Murkowski (R-AK), chairman of the Senate Energy and Natural Resources committee, is urging the Department of Energy’s Energy Information Administration (EIA) to publish data on oil storage capacity as a warning indicator of potential shut-in oil production.

About 156,907 b/d (9.23%) of oil production and 232 MMcf/d (9.06%) of natural gas output had been shut in by midday Tuesday in the U.S. Gulf of Mexico (GOM) as operators prepared to face Tropical Storm Gordon, a likely Category 1 hurricane before it was to make landfall by Tuesday night.

Williams Partners LP’s Northeast gathering and processing (G&P) business enjoyed higher volumes and increased revenues during the third quarter compared to a year ago — in spite of substantial price-related producer shut-ins during the period, Williams CEO Alan Armstrong told analysts Thursday.

The Bureau of Safety and Environmental Enforcement (BSEE) and the U.S. Coast Guard (USCG) are responding to a loss of well control event that occurred at 8:30 a.m. CST Thursday at Vermilion Block 356 in the Gulf of Mexico (GOM), about 108 miles southwest of Lafayette, LA.