Offshore oil and gas operators in the Gulf of Mexico continue to restore shut-in oil and natural gas production resulting from hurricane Gustav and Ike.
Offshore staff
NEW ORLEANS -- Offshore oil and gas operators in the Gulf of Mexico continue to restore shut-in oil and natural gas production resulting from hurricane Gustav and Ike.
From the operators' reports, it is estimated that approximately 9.2% of the oil production and 12.8% of the natural gas production in the Gulf is shut-in.
It is expected that the majority of the remaining oil production shut-in will be restored by late March. It is also expected that natural gas production shut-in will be fully restored by late May. These expectations are based on repair timeframes for both production facilities and pipelines that transport the production to shore. Repair time can be affected by weather conditions and availability of materials, MMS reports.
