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Deepwater Gulf of Mexico - America's Expanding Frontier
SOURCE: U.S. Department of the Interior, Minerals Management Service, Gulf of Mexico OCS Region
Figure 54 shows the number of deepwater fields discovered each year, according to MMS criteria, since 1975. (See appendices A and B for listings of deepwater projects and discoveries.)
The number of field discoveries for any given year is usually greater than the number of fields that actually go on production.
The industry-announced discovery volumes contain considerable uncertainty, are based on limited drilling,
include numerous assumptions, and have not been confirmed by independent MMS analyses.
The combination of industry-announced deepwater discoveries and MMS estimates illustrates that
deepwater exploration is adding significantly to the GOM hydrocarbon inventory.
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LEASING DRILLING AND DEVELOPMENT RESERVES AND PRODUCTION SUMMARY AND CONCLUSIONS Feedback