20% of GOM Oil Production Remains Shut In After Hurricane Francine

A fifth of oil production in the Gulf of Mexico and some 28% of natural gas production remain shut in after Hurricane Francine made landfall in Louisiana last week. That’s according to the latest data from the Bureau of Safety and Environmental Enforcement, which said Sunday that staff remains evacuated from 37 production platforms in the Gulf, which represents almost 10% of the manned platforms in the area. The portion of oil production that remains offline represents around 339,000 barrels daily. The amount of natural gas production that…