(continued from issue 100(2002)18, pp 52-60) The US GOM (Gulf of Mexico) has been and continues as a major source of domestic oil and gas supplies. Recently, some have begun to speculate that this critical domestic production area is or soon will be in decline. The 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). 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 water. This article, the second in the series, will focus on areas in less than 200 m of water. A third article will examine how continued technology development and alternative royalty structures and public policies may shape the future of oil and gas development, in both the shallow and deep waters of the gulf.
Shallow water gulf oil, gas supply: A glass half full or half empty? US Gulf of Mexico - 2
Erdöl- und Erdgasvorkommen und Produktion der USA im Offshore-Gebiet des Golfes von Mexiko. Teil 2
Oil and Gas Journal ; 100 , 26 ; 34-42
2002
7 Seiten, 6 Bilder, 8 Tabellen, 15 Quellen
Article (Journal)
English
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