Register with us today

and in less than 60 seconds continue your access to:Latest news headlinesAnalytical topics and featuresCommodities videos, podcast & blogsSample market prices & dataSpecial reportsSubscriber notes & daily commodity email alerts

Already have an account?

Log in to register

Forgot Password

Please Note: Platts Market Center subscribers can only reset passwords via the Platts Market Center

Enter your Email ID below and we will send you an email with your password.


  • Email Address* Please enter email address.

If you are a premium subscriber, we are unable to send you your password for security reasons. Please contact the Client Services team.

If you are a Platts Market Center subscriber, to reset your password go to the Platts Market Center to reset your password.

In this list
Natural Gas | Oil

Tropical Storm Barry shuts about half of Gulf of Mexico oil, gas output: US BSEE

Oil | Crude Oil | Oil Risk

All volatility is local: The government’s response to oil busts

Oil

Platts Market Data – Oil

Oil | Crude Oil | Refined Products | Equities | Financial Services | Private Markets

North American Crude Oil Exports Summit, 2nd Annual

Oil

Analysis: Asia seen adequately prepared for deeper OPEC crude output cuts

Tropical Storm Barry shuts about half of Gulf of Mexico oil, gas output: US BSEE

Washington — US offshore drillers have shut 1 million b/d, or 53%, of Gulf of Mexico oil production and 1.2 Bcf/d, or 45%, of natural gas output as Tropical Storm Barry heads toward Louisiana's coast, the Bureau of Safety and Environmental Enforcement said Thursday.

Not registered?

Receive daily email alerts, subscriber notes & personalize your experience.

Register Now

BSEE said 191 platforms and seven non-dynamically positioned rigs have been evacuated, and 11 dynamically positioned rigs have been moved off site.

The figures were based on operations reported to BSEE as of 11:30 am CDT (1630 GMT) Thursday.

Factbox: More oil, gas production halted, one refinery shuts, as US Gulf Coast prepares for Tropical Storm Barry

The National Hurricane Center expects Barry to reach hurricane strength late Friday or early Saturday and make landfall in Louisiana.

Barry could cut Gulf of Mexico crude production by 140,000-230,000 b/d in July, according to S&P Global Platts Analytics estimates.

Offshore drillers including Chevron, Anadarko, ExxonMobil and BP on Wednesday started shutting production and evacuated staff from drilling platforms.

Phillips 66 is preparing to shut its 253,600 b/d Alliance refinery in Belle Chasse outside New Orleans, while other Gulf Coast refiners said they are keeping an eye on the storm.

BSEE plans to update the production data daily, as long as the storm remains a threat to Gulf Coast energy infrastructure.

-- Meghan Gordon, meghan.gordon@spglobal.com

-- Edited by Jim Levesque, newsdesk@spglobal.com