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Gulf of Mexico Oil Spill Set to Be the Largest Since Deepwater Horizon

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Leroy N. Soetoro

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Dec 1, 2023, 4:32:56 PM12/1/23
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https://oilprice.com/Energy/Crude-Oil/Gulf-of-Mexico-Oil-Spill-Set-to-Be-
the-Largest-Since-Deepwater-Horizon.html

Offshore production from major oil names like Occidental, W&T Offshore and
Talos Energy has been shuttered following a spill that Bloomberg is
calling the worst in the US "since the Deepwater Horizon disaster."

These producers took a significant hit on Thursday as they stopped
approximately 62,000 barrels of daily oil production due to a subsea
pipeline rupture. The rupture resulted in a substantial oil spill of
26,000 barrels, equivalent to the volume of two Olympic-size swimming
pools, in the Gulf of Mexico near Louisiana, Bloomberg noted.

If the magnitude of this spill is verified, it would mark the most
substantial incident of its kind since 2010, when BP PLC's Deepwater
Horizon rig catastrophe led to the release of 3.2 million barrels of oil
off the coast of Louisiana.

The report, citing the U.S. Coast Guard, said other firms impacted by the
situation include Walter Oil & Gas Corp, Cantium LLC, and Arena Offshore
LLC.

These entities are now prohibited from resuming pumping activities until
the source of the leak is securely identified and necessary repairs are
completed, as outlined by the Coast Guard's statement.

The initial report of the spill came last Thursday when Main Pass Oil
Gathering Co., the pipeline operator, observed a decrease in pipe
pressure. It remains uncertain whether Main Pass is indeed the origin of
the spill since multiple operators operate in the vicinity. Nevertheless,
the Coast Guard has labeled the incident as MPOG 11015, with reference to
the company, the report said.

If the size of the leak is confirmed, it would be the 11th largest in U.S.
history.


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