Offshore oil and gas production is crimped by Gulf storms
By DAVID KOENIG August 23, 2020
Oil and gas production in the Gulf of Mexico was slowed Sunday by the approach of two storms that led companies to remove workers from more than 100 offshore platforms.
The Interior Department said that based on company reports at midday, 114 platforms had been evacuated. That is 18% of the staffed platforms in the Gulf, but they account for 58% of Gulf oil production and 45% of its natural gas output.
Energy companies are also moving drilling rigs used to explore for oil and gas.
Hurricane Marco is closer to the Gulf coast, but forecasters are more concerned about Tropical Storm Laura, which is expected to reach hurricane status before slamming the coast around midweek.
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