Operators in the US Gulf of Mexico continue to make gains on restoring their production in the region, more than two weeks after Hurricane Ida slammed into the Louisiana coast.
About 29.5% of the region’s crude production, or 537,193 barrels per day, remained shut in, while 39.4%, or 878.7 million cubic feet of natural gas production also remained offline from Hurricane Ida, according to Wednesday estimates by the US Bureau of Safety and Environmental Enforcement based on operator reports.
Personnel from 36 production platforms remained evacuated, about 6.4% of the 560 manned platforms in the Gulf. Meanwhile two dynamically positioned rigs out of 15 also remained evacuated.
Anglo-Dutch supermajor Shell said in its latest Ida update late Tuesday that its Appomattox, Enchilada/Salsa, and Auger assets continue to ramp up production, while its Mars, Ursa, and Olympus assets remain shut in. Damage assessments continue at its West Delta-143 offshore facility that is operated by Shell Pipeline.
Production was shut in from the company’s Perdido asset due to high winds from Hurricane Nicholas that quickly passed over the Texas Gulf coast after making landfall near Matagorda Bay, Texas on 14 September.
“Perdido is now ready to re-start contingent on power being restored at a non-Shell downstream facility that lost power during the storm. There is no timetable at this point on when the downstream power issue will be resolved,” Shell said in its latest update.
Norwegian energy consultancy Rystad Energy said in a recent report that it estimates a total production loss of approximately 30 million barrels for September due to Hurricane Ida, considering slower recovery in production due to the damage at both onshore and offshore operations bases.
“Adding to this supply disruption woes are 300,000 to 400,000 bpd light sweet crude in Libya which is at risk due to protests at major export ports,” said Nishant Bhushan, oil markets analyst for Rystad Energy.
“The question now is how quickly production in the US can be restored, as this is what essentially could trim prices back to pre-hurricane levels.”