Gulf of Mexico deepwater future looks bright as new plays result in major discoveries

Deepwater wells, those in greater than 1,000 ft of water, are now producing more than 700,000 bo/d on the U.S. Gulf of Mexico (GOM) Outer Continental Shelf (OCS). For the first time deepwater oil production exceeds that of GOM shelf and slope wells. This milestone represents the emergence of a bright future for the deepwater GOM. This production increase and anticipated future increases are coming from hydrocarbon trends and plays that were conceived, leased, and drilled from the mid-1980s through the late-1990s. These plays are far from mature, and analysis of field-size distribution data shows that many additional field discoveries are expected in these plays. Looking to future potentia...

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