HOUSTON, Sept 12 (Reuters) - U.S. energy producers on
Thursday were assessing the extent of damage from Hurricane
Francine to their U.S. Gulf of Mexico infrastructure while
export ports in southern Texas began to reopen.
Hurricane Francine hit the Louisiana coast with up to 100
mile per hour winds (161 kph), knocking out power to 375,000
customers and bringing heavy rains and flooding to the state.
Francine's winds dropped quickly and it was over southern
Mississippi early Thursday where another 54,000 customers were
without power.
The extent of Francine's impact on energy production began
to emerge with new, higher estimates of lost output from the
more than 171 offshore platforms evacuated. Woodside Energy ( WDS ) also
shut output at an offshore platform due to a power loss onshore.
The storm likely disrupted about 1.5 million barrels of Gulf
of Mexico production, analysts at UBS estimated, and will reduce
the region's monthly oil production by 50,000 barrels a day.
U.S. oil futures on Thursday rose 1.7% on the production
losses, and natural gas prices slumped less than 1% in early
trading as liquefied natural gas export plants were spared the
brunt of Francine.
Top U.S. oil and fuel export ports from south to central
Texas reopened. Corpus Christi, the largest oil export port by
volume, lifted restrictions, while ports in Freeport, Houston to
as far north as Sabine reopened, the U.S. Coast Guard said.
Louisiana ports including Cameron, Lake Charles, New
Orleans, Plaquemines, St. Bernard and sections of the
Mississippi River remained closed, according to the Coast Guard.
The closures were affecting energy, agricultural and metals
exports.