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The repeated storms which entered the US this year lead to the shutdown of many O&G production facilities from time to time. Affected, Hess Corp HES.N forecasted a decline of 25,000 bpd in the current quarter on top of about 19,000 bpd loss in the prior quarter. W&T Offshore WTI.N also forecasted a fall in its O&G production for the fourth quarter, with an added $5 million to its shut-ins cost.
