Gulf of Mexico Oil Production Outlook: 2013-2015

  • Renewed interest in the US Gulf of Mexico’s (GoM) deepwater E&P potential to spur investment to $40 billion within the next four years
  • New field developments to add additional oil production capacity of up to 680,000 b/d by 2015
  • Floater drilling demand to grow from an average 24 in 2011 to 40 units in 2014, based on our estimates

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