MMS: Deepwater work ‘driving force’ in gulf

Deepwater work continues to be the “driving force” behind the Gulf of Mexico’s production and potential growth, according to the US Minerals Management Service.MMS said operators last year made 10 oil and gas discoveries in the gulf’s deep water (greater than 1,000 ft).“The discoveries are encouraging,” noted Chris Oynes, MMS’s Gulf of Mexico regional director. “The Gulf of Mexico continues to represent the major domestic energy source for the United States.” Click here to enlarge imageOynes said the Big Foot and Knotty Head discoveries confirm the extensive Middle to Lower Miocene play in the Mississippi fan foldbelt area. “And...

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