30 August 2008 22:34 [Source: ICIS news]
HOUSTON (ICIS news)--Nearly 77% of US oil production and 37% of natural gas production was shut in on Saturday from the Gulf of Mexico as Gustav exploded into a category 4 storm with sustained winds of 150 miles/hour (240km/hour), authorities said.
The “extremely dangerous” hurricane could strengthen into a category 5 storm on the Saffir-Simpson scale with sustained winds of 155 miles/hour or more as it crossed ?xml:namespace>
The eye of the hurricane was 130 miles east (210km) of the western tip of
“The centre of Gustav will pass over the western potions of
“So much for a slowdown in the intensification rate of Gustav,” the
Forecast tracks continued to show the hurricane slamming into the
Offshore oil and gas operators in the
Workers were evacuated from a total of 223 production platforms by Saturday morning, equivalent to 31.1% of the 717 manned platforms in the
“Personnel from 45 rigs have also been evacuated: this is equivalent to 37.2 % of the 121 rigs currently operating in the Gulf,” the MMS said.
“From the operators’ reports, it is estimated that approximately 76.77 % of the oil production in the Gulf has been shut in,” the MMS said, amounting to 998,021 bbl/day.
About 37.16% of the natural gas production in the Gulf has been shut in, amounting to 2.75bn cubic feet/day, the MMS said.
ExxonMobil said it shut in 5,000 bbl/day of oil and 50m cubic feet/day of natural gas in advance of the hurricane.
“In anticipation of the storm, ExxonMobil chemical plants and refineries along the
Valero said its
Shell said its branded fuel stations throughout the US Gulf coast were experiencing a spike in demand as populations were preparing for evacuations.
Voluntary evacuations began from
Gustav has killed 70-80 people in the
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