Hurricane Isaias Forces Evacuations from Gulf Production Platforms
What happened
The Marine Minerals Administration reported that 129 production platforms in the Gulf were evacuated due to Isaias, representing 34.77 percent of the 371 manned platforms in the Gulf of America. MMA also stated that 8 of the 11 non-dynamically positioned rigs were evacuated, and two of the 17 dynamically positioned rigs moved off location as a precaution.
From rigzone.com
Why it matters
The evacuation of production platforms and rigs indicates a significant halt in offshore oil and gas operations in the Gulf. This production shut-in could impact the revenue and operations of companies like Gulf Oil and Shell, and may reduce crude supply measured by NatGAS.
Hurricane Isaias is threatening the U.S. Gulf Coast.
From rigzone.com
Who's involved
- IsaiasStorm causing disruptions to oil and gas production, reported by MMA.
- MMAReported the personnel evacuations and production platform status.
- Northern Gulf CoastArea affected by the storm's impact on production.
- ShellCompany whose core offshore operations could be impacted by production shut-in.
- NatGASEntity whose crude supply measurements could be reduced by the shut-in.
Who could feel it
Possible knock-on effectsThese are possibilities Brind reasoned out, not predictions, and not advice. Most are not stated in any report.
- Gulf OilSpeculative
Gulf Oil might see revenue and operations impacted by the storm forcing production shut-in.
- Northern Gulf CoastSpeculative
The Northern Gulf Coast might see the primary economic activity halted due to production shut-in.
- ShellSpeculative
Shell may experience impacts to core offshore operations due to production shut-in.
- NatGASSpeculative
NatGAS could see a reduction in the crude supply it measures due to the massive production shut-in.
Keep exploring
Part of
Hurricane Isaias disrupts Gulf Coast energy production and travelAlso in this story
- Supplies are being distributed to victims affected by Hurricane Isaias in the Gulf Coast.
- Hurricane Isaias caused high rip current risk near Sanibel Island.
- Flight delays and cancellations were reported for travelers heading to Miami due to Hurricane Isaias making landfall near Destin.
- Hurricane Isaias is likely to disrupt travel across multiple airports located along the U.S. Gulf Coast.
The entities involved
Related events
- Hurricane Isaias struck Florida's Panhandle, causing unusual wind damage, which the National Hurricane Center is investigating.
- Hurricane Isaias is impacting Florida, prompting the American Red Cross to provide hurricane preparation advice.
- Hurricane Isaias caused damage around a park, affecting a resident of Ozark.
- Hurricane Isaias made landfall in Florida on October 1, causing deaths and damage across multiple counties in Florida and Alabama.