Few operators equipped to exploit gulf's deep shelf gas opportunities

05/10/2004
Deep shelf gas production from then-existing fields in the Gulf of Mexico peaked at 1.2 bcfd in 2003 and is expected to remain at these levels in the short to medium term.More recent discoveries such as JB Mountain (South Marsh Island 223), Alex Deep (Brazos A-19), and West Cameron 47 are sustaining the deep shelf production, concludes Wood Mackenzie Consultants, Edinburgh, in a study released to clients in late 2003. Click here to enlarge imageMinerals Management Service data suggest that 1,277 deep shelf exploration wells have been drilled since the 1955, and 456 of those were completed in 1990-2002. Most are off Louisiana (Fig. 1).Commercial success rates have averaged 30% in recent y...
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