Isaias shut Gulf output; U.S. authorized an SPR exchange of up to 4 million barrels
Offshore production shut in ahead of the storm as the Energy Department approved reserve exchanges for ExxonMobil and BP.
Event / data period: 2026-10-10
Published: · Updated:
The U.S. Energy Information Administration reported on October 9 that, as Hurricane Isaias approached, 130 platforms and rigs in the Gulf of Mexico had been evacuated or moved as of October 8. The agency reported that about 1.3 million barrels per day of crude oil output had been shut in.
On October 10, the Energy Department authorized emergency exchanges of up to 4 million barrels from the Strategic Petroleum Reserve to help limit effects on refinery operations and fuel supplies. The caps are 2 million barrels each for ExxonMobil and BP America; the companies are to return the crude with additional barrels in 2027.
Data
Source data
- Gulf of Mexico crude oil production shut in
- ≈1.3 million barrels per day
- 2026-10-08 · Estimate
Methodology
Values retain the period and scope stated by the source; no additional conversion or estimate is introduced.
Updated:
Source data
- · Occurred
Isaias shut Gulf output; U.S. authorized an SPR exchange of up to 4 million barrels
On October 10, the Energy Department authorized emergency exchanges of up to 4 million barrels from the Strategic Petroleum Reserve to help limit effects on refinery operations and fuel supplies. The caps are 2 million barrels each for ExxonMobil and BP America; the companies are to return the crude with additional barrels in 2027.
Methodology
Values retain the period and scope stated by the source; no additional conversion or estimate is introduced.
Updated:
Subjects and places
Subject proposals
- Oil and gasSuggested
- Subject suggested from the title or summary: barrelswww.eia.gov ↗www.energy.gov ↗
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- United States · Place role: Coverage · Place type: Country or area · Location precision: RegionalEvidence
- Explicit preserved editorial country/region; no city or national centroid inferredwww.eia.gov ↗www.energy.gov ↗