Financial Briefs

Breaking financial news from Wall Street to Main Street

MMS: ‘76.6% of Gulf Oil Production Still Shut-In’

Posted by financialbriefs on September 23, 2008

Offshore oil and gas operators in the Gulf of Mexico are reboarding platforms and rigs and restoring production following both Hurricane Gustav and Hurricane Ike. The Minerals Management Service is monitoring activities for both hurricanes through its Continuity of Operations Plan team. This team will be activated until operations return to normal.

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