Gulf of Mexico oil production affected by Tropical Storm Isaias
The latest in this situation
- Shell is using drones to restart production faster following Hurricane Isaias disruption.
- Shell halted offshore production and removed workers from Stones installation in the Gulf of Mexico.
- Shell is actively monitoring Invest 92L and assessing potential impacts of Tropical Storm Isaias on its assets in the Gulf of Mexico.
- Shell halts production at five sites due to storm Isaias.
- Chevron and Occidental join Shell in monitoring the path and potential impacts of Tropical Storm Isaias.
How it started
Shell Halts Gulf of Mexico Production Ahead of Tropical Storm Isaias
What happened
Shell has halted production and evacuated personnel from five offshore platforms in the Gulf of Mexico, including Mars, Olympus, Ursa, Vito, and Appomattox, as a precautionary measure against Tropical Storm Isaias. Chevron has also initiated shut-in procedures for four of its Gulf of America facilities.
From oilprice.com, rigzone.com, aol.com
Why it matters
The storm threatens to disrupt U.S. oil and gasoline production. Offshore fields in the Gulf of Mexico account for approximately 15% of U.S. total national oil production. The production halts could drive up crude oil prices.
From oilprice.com, aol.com
Who's involved
- ShellBritish multinational oil and gas company halting production due to storm risk
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.
- ShellSpeculative
The reduction in Gulf of Mexico production might constrain oil supply, potentially affecting crude oil prices.
Possible ripples
Who this could reach next, traced step by step from the reporting. Possibilities worth considering, not forecasts.How it developed
Newest first. Tap a step to see who reported it.- Shell halted offshore production and removed workers from Stones installation in the Gulf of Mexico.Sub-event
- Shell is actively monitoring Invest 92L and assessing potential impacts of Tropical Storm Isaias on its assets in the Gulf of Mexico.Sub-event
Shell platform shut-ins in the Gulf of Mexico may raise crude oil prices.1 source
Chevron and Occidental join Shell in monitoring the path and potential impacts of Tropical Storm Isaias.1 source
Shell halts production at five sites due to storm Isaias.1 source
Keep exploring
The entities involved
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Shell
British multinational oil and gas company
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Appomattox
town in Virginia, United States
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