Oil Majors Cut Production in Gulf of Mexico as Tropical Storm Isaias Strengthens — Update
By Adam Whittaker
Oil companies operating in the Gulf of Mexico have begun curbing production and evacuating personnel from offshore facilities as the region braces for Tropical Storm Isaias.
The storm is intensifying and is expected to have strengthened to a powerful hurricane by the time it makes landfall Friday, the National Hurricane Center said.
Chevron said Wednesday that it has begun shut-in procedures at four of its assets in the Gulf, which the U.S. calls the Gulf of America, and is evacuating all associated personnel. Production at its five other facilities in the Gulf remains at normal levels, it said.
Shell said it is halting production and evacuating personnel at five of its sites, and has moved non-essential personnel from another. British peer Harbour Energy, which agreed to buy LLOG Exploration in December last year, said in an emailed statement it too has begun cutting production and evacuating personnel at select facilities.
Oil companies operating in the Gulf are used to temporarily cutting production and evacuating personnel from their rigs given the frequency of storms in the region.
The U.S. Marine Minerals Administration said 511,619 barrels a day, or 25% of current Gulf production, had been shut in as of midday Wednesday.
Write to Adam Whittaker at adam.whittaker@wsj.com
(END) Dow Jones Newswires
October 08, 2026 04:55 ET (08:55 GMT)
Copyright (c) 2026 Dow Jones & Company, Inc.The articles, information, and content displayed on this webpage may include materials prepared and provided by third parties. Such third-party content is offered for informational purposes only and is not endorsed, reviewed, or verified by Morningstar.
Morningstar makes no representations or warranties regarding the accuracy, completeness, timeliness, or reliability of any third-party content displayed on this site. The views and opinions expressed in third-party content are those of the respective authors and do not necessarily reflect the views of Morningstar, its affiliates, or employees.
Morningstar is not responsible for any errors, omissions, or delays in this content, nor for any actions taken in reliance thereon. Users are advised to exercise their own judgment and seek independent financial advice before making any decisions based on such content. The third-party providers of this content are not affiliated with Morningstar, and their inclusion on this site does not imply any form of partnership, agency, or endorsement.
Popular
3 Stocks to Sell and 3 Stocks to Buy for October
The 10 Best Companies to Invest in Now
14 Elite Funds and ETFs, and 5 Popular Funds That Just Missed the Mark
3 Stocks to Invest In With More Room to Run
