Oct. 09–About 20 percent of the Gulf of Mexico’s oil production is temporarily shuttered as the rapidly strengthening Hurricane Michael approaches the Florida Panhandle.
BP, Exxon Mobil, Chevron, Anadarko Petroleum and others evacuated personnel from some platforms as the fast-moving storm quickly developed into a major hurricane.
London-based BP has taken the most action to avoid major damage from Michael, halting production and evacuating at least four major platforms: Atlantis, Mad Dog, Na Kika and Thunder Horse.
Other companies have evacuated one or two platforms.
However, the other largest Gulf producer, Royal Dutch Shell, opted not to evacuate and is instead hunkering down and securing its deep-water facilities, while still maintaining oil and gas production.
“The storm is currently projected to pass to the east of our assets. No evacuations are planned at this time, and our assets remain operational,” a Shell spokeswoman said.
The federal government said about one-fifth of Gulf oil production was halted for now and that nearly one-third of floating drilling rigs and platforms were relocated out of harm’s way.
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