by SouthLaGeo
The post that follows is a guest post by SouthLaGeo, a geologist with over 30 years of oil industry experience.
In this post, I will address 3 topics relating to the Northern Deepwater Gulf of Mexico –
1. Historical oil production
2. One view of the future of exploration
3. EUR ranges
I will limit my comments to oil production (not gas production). All production data is from BSEE/BOEM. The play outlines on the map are my best estimates. I will be using the BSEE definition of deepwater which includes water depths greater than 1000’. And, I will be assuming a Business As Usual future – by that I mean that fossil fuels will continue to be an important an energy source, and the world will continue to be able to afford them. Read More