Hurricane Isaias Shuts In 1.28 Million Bpd of Gulf Oil Output

· Oil & Gas · United States

Hurricane Isaias has forced 1.28 million barrels per day of U.S. Gulf of Mexico oil production offline, a sharp escalation from 185,120 bpd just two days earlier as operators evacuate personnel from the storm's path. The Marine Minerals Administration said Thursday that 62.89% of current Gulf oil production and 57.35% of natural gas production had been shut in. The Gulf accounts for a large share of U.S. domestic crude supply, so the scale of the shut-in is significant for refiners and for global crude balances. The effect is immediate: offshore platforms have halted output, workers have been cleared, and restart timelines depend on how quickly the storm passes and facilities can be inspected and brought back online.

Why it matters:A supply outage of over a million barrels per day in the U.S. Gulf tightens global crude balances and raises the stakes for refiners and traders already navigating a volatile energy market; the pace of restarts will shape near-term prices.

Key points

  • Shut-in rose to 1.28 million bpd from 185,120 bpd two days earlier.
  • 62.89% of Gulf oil and 57.35% of gas production were offline.
  • Operators are clearing personnel from the storm's path.

Sources (original reporting)

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