On Sunday, energy companies in the US Gulf of Mexico slashed 96% of crude oil output due to Hurricane Ida.
According to the Bureau of Safety and Environmental Enforcement (BSEE), roughly 1.74 million bpd of the region’s oil output was slashed yesterday as Hurricane Ida slammed into the Louisiana coast as a Category 4 storm near Port Fourchon, the land base for the Louisiana Offshore Oil Port (LOOP).
The Gulf’s natural gas output also had to shut 94% of its income due to the storm.
The shutdown is inevitable as companies had to race to employees from offshore infrastructure in the days ahead of the storm. 288 platforms have evacuated, along with 11 drilling rigs.
