Platts report on the damage still being felt from Hurricane Zeta.
Just under 30% of crude oil volumes from the US Gulf of Mexico remained offline as of November 2:
- estimated 518,441 b/d of crude production and 431.48 MMcf/d of natural gas production was still shut-in on Nov. 2, reflecting 28% and 15.9% of US Gulf output, respectively,
The story on rigs is not so bad though:
- Fewer than 5% of the Gulf’s platforms and rigs, or 28 facilities, remained evacuated
Here is the link to the Platts piece for more.