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Oil, gas production in Gulf returning as Michael moves out to sea

Oil and natural gas operators in the U.S. Gulf of Mexico that evacuated rigs and platforms for Hurricane Michael continue to return shut-in production across the region, the most recent data from the Bureau of Safety and Environmental Enforcement shows.

As of 1 p.m. CT on Oct. 12, the agency estimated that about 550,313 barrels of oil per day and 334 MMcf/d of gas are still shut-in. This is about 32.4% of daily oil output and 13.05% of gas production in the Gulf of Mexico, down from 40% and 29.1%, respectively, Oct. 11.

Based on data from offshore operator reports from 27 companies, personnel are still evacuated from nine production platforms, or about 1.3% of the 687 manned platforms in the Gulf of Mexico.

According to a 5 a.m. ET update from the National Hurricane Center, Michael was downgraded from a tropical storm early Oct. 12 as it moved away from the U.S.