Gulf of Mexico – New Deepwater Discoveries Re-establishing
the Potential
Reference Code: GDGE0632VPT Publication Date: MAY 2010
1 Table of contents
1 Table of contents................................................................................................................................... 1
1.1 List of Tables .................................................................................................................................. 1
1.2 List of Figures ................................................................................................................................. 1
2 Summary............................................................................................................................................... 2
3 Gulf of Mexico – New Deepwater Discoveries Re-establishing the Potential ........................................ 2
3.1 Decline in Reserves had Lead to a Decrease in GOM Production in the Past ............................... 2
3.2 Future Production from New Discoveries in the Ultra Deep Water Resources Changing GOMs
Future Prospects ............................................................................................................................ 3
3.3 Possibiliy of Huge Reserves in Ultra Deep Water leading to New Investments in GOM................. 7
3.4 Technological Challenges Continue to be a Major Barrier.............................................................. 8
3.5 Increased Activity in the Deep and Ultra Deep Water Lower Tertiary Play Likely to Drive the Re-
Emergence of USGOM................................................................................................................... 9
4 Appendix ..............................................................................................................................................10
4.1 Methodology ..................................................................................................................................10
4.1.1 Coverage ..............................................................................................................................10
4.1.2 Secondary Research ............................................................................................................11
4.1.3 Primary Research.................................................................................................................11
4.1.4 Expert Panel Validation ........................................................................................................11
4.2 Contact Us .....................................................................................................................................11
4.3 Disclaimer ......................................................................................................................................12
1.1 List of Tables
Table 1: Major Deep Water and Ultra Deep Water Discoveries in US GOM, 2009 - 2010 ...................... 4
Table 2: Estimated US GOM Oil and Gas Production, (Thousand Barrels Per Day/Billion Cubic Feet Per
Day), 2009-2018 ........................................................................................................................ 7
Table 3: GOM Top Ten Bids By E&P Majors, Investment Value ($), March 2010 ................................... 8
1.2 List of Fig