Shallow water gulf oil, gas supply: A glass half full or half empty?

07/01/2002
The US Gulf of Mexico (GOM) has been and continues as a major source of domestic oil and natural gas supplies. Recently, some have begun to speculate that this critical domestic production area is or soon will be in decline. Click here to enlarge imageThe main argument for this dire outlook is that a sharp decline in shallow water (shelf) will more than offset any gain from the deep water (slope) (Fig. 1). This would have significant implications for higher domestic gas (and oil) prices, potential supply shortage, and decreased energy security.The first article in this three-part series reviewed the development and production history of the gulf, focusing on areas in more than 200 m of w...
read-story

Why Register?

Non-subscribers can only view whitepapers by providing name, home and email address, phone number and other information and comment on/rate articles.

Why Subscribe?

Oil & Gas Journal subscribers with login credentials can access these premium features of OGJ Online:

  • Current Issue – an html version of the current week's issue of Oil & Gas Journal.
  • Past Issues – An Electronic OGJ Archive. A keyword-searchable archive of all issues of Oil & Gas Journal dating back to 1990; also searchable by issue date.
  • Market Journal – a weekly round-up of the oil and gas markets, with observations from leading analysts.
  • Editor's Perspective – a short article of insight and opinion by the Editor of Oil & Gas Journal.
  • OGJ Industry Stats – quick access to current industry statistics from Oil & Gas Journal.
  • OGJ Survey Downloads - quick access to exclusive reports from Oil & Gas Journal.

 

Subscriber Help or Subscribe

Oil & Gas Journal Subscribers: Have your subscription number (from the mailing label on the cover of your Oil & Gas Journal) and e-mail address ready to set up your online account through Customer Service Assistant.

If you're not an Oil & Gas Journal subscriber, start a subscription and gain access to the subscriber areas of OGJ Online now.

Stay Connected