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EXPLORATION

Operators flee and output cut by 66% in face of Hurricane Zeta

YET ANOTHER big storm, Hurricane Zeta, has shut-in oil production from the US Gulf of Mexico and forced hundreds of operators to evacuate and brace for the 'life threatening" storm surge across the northern Gulf Coast.

paul hunt
Operators flee and output cut by 66% in face of Hurricane Zeta

Overnight the Bureau of Safety and Environmental Enforcement (BSEE) reported that 66.6% of all oil production from the US Gulf of Mexico had been shut-in, or 1.23 million barrels per day.  Gas production...

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