View Original Article

Nearly half of gas output at US Gulf of Mexico shut due to Francine

September 11, 2024 12:00 PM
Reuters


About 39% of crude production and 49% of natural gas output in the U.S. Gulf of Mexico were shut on Wednesday as hurricane Francine barreled towards the Louisiana coast, the U.S. Bureau of Safety and Environmental Enforcement said.

Francine was moving northeast on Wednesday with maximum sustained winds of 90 miles per hour (150 kph), the U.S. National Hurricane Center said.

The U.S. Gulf of Mexico accounts for about 15% of all domestic oil production and 2% of natural gas output, according to federal data.

(Reporting by Anjana Anil in Bengaluru Editing by Chris Reese)

Sign up for the BOE Report Daily Digest E-mail Return to Home