Storm May Affect US Gulf Oil, Gas Ops

Oil and natural gas production shut by the passage of Dennis through the eastern Gulf of Mexico may not be fully restored through the early part of next week due to the time it takes to inspect, reboard and restart platforms and rigs after a storm.

The Gulf, which is home to 25 percent of U.S. oil and gas, produces 1.5 million barrels of crude per day, and about 10 billion cubic feet per day of natural gas.

On Friday the U.S. Minerals Management Service said 15 percent of daily crude output and 10 percent of daily natural gas production had been shut by Dennis.
Reuters