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Gulf of Mexico Oil and Gas Industry
 Deepwater Focus
 
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		| Despite being eclipsed in the news 
		by shale gas and light, tight oil plays, especially those in the Permian 
		Basin, the Gulf of Mexico (GOM) remains a 
		vital, dynamic and necessary part of the USA oil and gas portfolio.  
		This is evidenced by the continued success of new government lease 
		auctions, high levels of indiustry investment, and, most importantly, by 
		elevated levels of oil production coming from new deepwater fields.  
		In total the Gulf of Mexico is producing about 2 million barrels of 
		crude oil per day, which if it were a country, would place it as the 12 
		largest producer of oil in the world, just after Mexico and just before 
		Nigeria. 
 The majority of GOM oil production is now sourced 
		from the deepwater region of the Gulf.  The best illustration of 
		the success and continued importance of the deepwater segement to the 
		Gulf of Mexico oil and gas industry is to scroll through the production 
		graphs of some of the deepwater fields presented below.  The 
		majority of the fields have been clear success stories, often producting 
		tens of thousands of barrels a day of oil with hundreds of millions of 
		barrels of cumulative oil recovery, with one or two on track to produce 
		over a billion barrels of oil.
 
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		| Sharing the Bounty Oil and gas production from federal 
		waters in the Gulf of Mexico generated approximately $8 billion in 
		royalty revenue for American taxpayers in 2014. Not included in the $8 
		billion is the nearly $1 billion in revenue from lease sales 231 
		(Central Area) and 238 (Western area), which, respectively, earned the 
		government about $850 MM, and $110 MM.  In addition, we estimate 
		annual federal and state income tax revenues related to Gulf of Mexico 
		production to be on the order of $10 billion to $15 billion. In total, 
		in 2014 we estimate the government realized between $19 to $24 billion 
		dollars from oil and gas related  exploration, development and 
		production activities in the US Gulf of Mexico.  Numbers of this 
		magnitude, make the US people the largest single 
		revenue receipient and beneficiary of US offshore oil and gas 
		development.  In essense, this makes the US government a key 
		deepwater development partner.
 
 Link to our
		3D 
		portal map of the Gulf of Mexico, which shows the GOM from an oil and gas 
		perspective.  We find this type of 3D representation is useful 
		for showing what deepwater really means in comparison to shelf 
		activities.  It is zoomable and roamable, and can be rotated 
		for better viewing angles. Map controls:  to rotate use the left 
		mouse button, to zoom in/out use the mouse wheel, and to roam use the 
		right mouse button.
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			| Gulf of Mexico Hurricane 
			Ida Watch: Tracking GOM 
			Hurricanes from an Oil and Gas Perspective 
  
 For a 
			full size view, click the above image
 Note: this 
			image is provided for illustration purposes only and may not reflect 
			current conditions, and as such should not be relied upon for 
			navigation, business or personal uses.
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			| Hurricane Ida and 
			its relationship to Gulf of Mexico oil and gas fields and 
			installations.
 
  For a full size version of this satellite image,  click 
			the above image
 Note: this 
			image is provided for illustration purposes only and may not reflect 
			current conditions, and as such should not be relied upon for 
			navigation, business or personal uses.
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			| Wind gust map across the US Gulf of Mexico (GOM).  
			The wind gust speed is in knots and is provided by NOAA, which defines wind gusts as "the maximum 
			3-second wind speed forecast to occur within a 2-minute interval at 
			a height of 10 meters."  
			
			Definitions
  For a full size view,  click the above 
			image
 Note: this 
			image is provided for illustration purposes only and may not reflect 
			current conditions, and as such should not be relied upon for 
			navigation, business or personal uses.
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			| Controls for this 3D: to rotate use the left mouse button, to 
			zoom in/out use the mouse wheel, and to roam use the right mouse 
			button.
 For full screen version of the above 3D image 
			go here.
 | Gulf of Mexico: 
			Deepwater Discoveries 
  For a 
			full, screen size version of this image, click this thumbnail
 
 
 
 
 
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			| Controls for this 3D: to rotate use the left mouse button, to 
			zoom in/out use the mouse wheel, and to roam use the right mouse 
			button.
 For full screen version of the above 3D image 
			go here.
 | The 3D image to the left is of Hurricane 
			Laura making churning its way across the Gulf of Mexico. 
			
			The image is based on this satellite view of Hanna, with the 
			image relief based on data provided by the National Weather Service.  Please note 
			the wind speeds are only 
			estimates, meaning the acutals will vary, so do not rely on this 
			information for personal, business or safety decisions.  
			National Huricane Center and local weather reports are still the 
			best sources of storm related information. |  
	
		| 
 Bathymetry (depth ) map for the Gulf of Mexico
  Click the above image, for a full screen 
		version of the map
 | Gulf of Mexico deepwater oil and gas 
		potential is not limited to the United States,  However, the US is the furthest along in exploiting deepwater resources.
 
  Click the above image, for a full screen 
		version of the map
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		| Gulf of Mexico: Deepwater 
		Fields and Water Depth
 
  Click the above image, for a full screen 
		version of the map
 
 | United States Gulf of Mexico 
		Oil and Gas Production:  Deep water and shallow water (shelf) 
  Click the above, for a full screen version of 
		the production plot
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		| 
 Offshore technology has steadily marched into 
		deeper waters.......
 
  Click the above image, for a full screen 
		version
 Courtesy of BOEM
 | ......until it was no longer resting on the seafloor, but routinely 
		floating in thousands of meters of water. 
 
  Click the above image, for a full screen 
		version
 Courtesy of BOEM
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		| USA GOM Deepwater Drilling Activity - Field Name July 2020
 
  Click the above image, for a full screen 
		version
 | USA GOM Deepwater Drilling 
		Activity - Rig July 2020
 
  Click the above image, for a full screen 
		version
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		| For comparison, check out Gulf of Mexico drilling activity from late 
		2014 
  Click the above image, for a full screen 
		version
 
 | Deepwater drill ship in the Gulf of Mexico
 
  Click the above image, for a full screen 
		version
 Courtesy of the US Coast Guard (USCG)
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		| Field:  Thunder Horse Blocks:  
		MC776; MC778; MC737
 Water Depth:  5664'
 Production Start:  2008
 For picture of the platform go here
 
  
 For Full Screen View of the Production Plot, Click Image
 
 | Field:  Mars-Ursa, Crosby, Kaikas Blocks:  
		MC807; MC935
 Water Depth:  3400'
 Production Start:  1996
 
  
 For Full Screen View of the Production Plot, Click Image
 
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		| Field:  Horn 
		Mountain Blocks:  
		MC084
 Water Depth:  5455'
 Production Start:  2002
 
  For Full Screen View of the Production Plot, Click Image
 
 
 
 | Field:  Atlantis Blocks:  GC743
 Water Depth:  
		6285'
 Production Start:  2007
 
  For Full Screen View of the Production Plot, Click Image
 
 
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		| 
 
 Thunder Horse PDQ on 
		Location
 
  Click the above image, for a full screen 
		version
 
 | An improperly installed valve caused the Thunder 
		Horse PDQ to list severly in the aftermath of Hurricane Dennis.  BP 
		quickly and successfully remedied the situation, resulting in the Thunder 
		Horse field being one of the largest producers in the Gulf of Mexico.
 
  Click the above image, for a full screen 
		version
 Courtesy of the US Coast Guard (USCG)
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		| Field:  Constitution/Ticonderoga
 excludes Ceasar.Tonga
 Blocks:  GC679, GC680 
		and GC768
 Water Depth:  4998'
 Production Start:  2006
 
  For Full Screen View of the Production Plot, 
		Click Image
 
 
 
 
 | Field:  Shenzi
 Blocks:  
		GC609, GC610, GC652, GC653, GC654
 Water Depth:  4310'
 Production Start:  2007
 
  For Full Screen View of the Production Plot, Click Image
 
 
 
 
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		| Development:  Perdido:  Field: AC857; AC859
 Blocks:  AC821, AC813, AC856, AC857, AC901
 Water Depth:  7918'
 Production Start:  2010
 
  For Full Screen View of the Production Plot, Click Image
 
 
 | Development:  Tahiti:  Field: GC640 Blocks:  GC596, GC597, GC640, GC641
 Water Depth: 4326'
 Production Start:  2007
 
  For Full Screen View of the Production Plot, Click Image
 
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		| Development:  Jack:  Field: WR627, WR678 and WR759
 Jack (WR758 and WR759), St Malo (WR634, WR677, WR678), and Julia (WR540, 
		WR584, WR627)
 Water Depth:  7000'
 Production Start:  2014
 
  For Full Screen View of the Production Plot, Click Image
 
 
 
 
 
 
 
 | Development:  Big Foot (WR 29) Water Depth:  5200
 Production Start:  2018
 
  For Full Screen View of the Production Plot, Click Image
 
 Big Foot:  After flowing only one well the first 6 months after 
		production started, the operator brought online a 2nd well in mid-June.
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