Research Partnership to Secure Energy for America
Sugar Land, Tex.
By 2020, according to industry forecasts, deepwater oil production will constitute a third of the world's total oil supply. A strong upswing in deepwater Gulf of Mexico oil exploration is likely (OGJ, May 6, 2013, p. 81), as well as an increase in oil production in Outer Continental Shelf blocks in the gulf's Lower Tertiary. Exploitation of the gulf's Paleogene reservoirs, however, faces several environmental, technical, economic, and geophysical challenges.
In this context, different concepts for ultradeep gulf production and storage have been assessed. Non-ship-shaped,...