Texas Petroleum-Owned Platform Catches Fire In Gulf Of Mexico
Update, 01:09:00pm: In a statement, Texas Petroleum said, "The production platform where the fire occurred gathers oil and then pumps it through a pipeline so there is little oil stored on site and all wells feeding the platform have been shut down. Our company is working with the Coast Guard and other agencies to address any environmental issues that develop. All of the workers on the platform were safely evacuated and there were no injuries in this incident."
The U.S. Coast Guard told Benzinga Friday afternoon that a platform on fire in the Gulf Of Mexico is owned by Texas Petroleum.
The Coast Guard Sector New Orleans received a report at 2:50 a.m. from offshore supply vessel Miss Katherine reporting a fire on board an oil production platform. The platform is located near Breton Island on Breton Sound Block 21.
According to a statement from the U.S. Coast Guard, "The well was shut in and production has ceased. The platform has an estimated 4,000 barrels of crude oil on board in storage tanks.
"The Coast Guard has conducted an over flight and observed a 1.4 nautical mile rainbow sheen drifting southwest of the platform."
No injuries were reported and all 28 people aboard the platform have been evacuated offshore.
The cause of the incident is under investigation.
In the equities markets, the United States Oil Fund LP (ETF) (NYSE: USO) is down 1.5 percent on Friday.
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