Around 200,000 barrels of daily oil production remained off line in the 400-mile Eagle Ford Shale field more than a week after Hurricane Harvey made its first landfall.
Investment bank Goldman Sachs said in a note to clients that much of what had been shut down ahead of the Harvey had already returned to production in the Eagle Ford, which arcs across South Texas.
Oil producers across the region shut in as much as 400,000 to 500,000 of the field’s 1.3 million daily barrel output ahead of the storm, laid down much of their equipment and evacuated employees, but have been trying to get back to work in the field since the storm swept across the Texas Gulf Coast.
While the western half of the Eagle Ford Shale oil field was out of the path of the worst rain, communities on the eastern side of the field spent several days dealing with river flooding.
Returning to usual operations isn’t straightforward, though.
Oil producers in South Texas have been dealing with the disruption of shipping, pipeline operations and refining along the Texas Gulf Coast. Even if they had been able to continue pumping the usual amount of oil, the refineries weren’t buying it.