Reuters AlertNet Lite - Oil firms boost output from US Gulf after storm-MMS

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Oil firms boost output from US Gulf after storm-MMS

22 Sep 2007 19:10:01 GMT
Source: Reuters

NEW YORK, Sept 22 (Reuters) - Oil companies increased oil and natural gas output from the Gulf of Mexico on Saturday after a tropical depression passed through the eastern Gulf of Mexico without strengthening into a storm, according to a government report.

As of 1230 EDT (1630 GMT), some 757,608 barrels per day or, 58.3 percent of the region's crude oil output remained shut, from 62.7 percent shut on Friday, the U.S. Minerals Management Service said.

Some 1.938 billion cubic feet of natural gas, or 25.2 percent of the region's natural gas production was also still shut, from 30.8 percent on Friday, the MMS said.

Energy companies began flying crews back out to offshore oil and gas platforms Friday after the foul weather triggered mass evacuations and production shutdowns earlier in the week.

The Gulf of Mexico is home to 1.3 million bpd of crude production and 7.7 bcfd of natural gas output.

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Last updated:Sat Sep 22 19:10:35 2007