Our focus is to develop and implement strategies that are practical, sustainable and allow organizations to achieve their full potential. Our consultants have long histories of working closely with senior executive teams of firms of all sizes to help their companies not only be successful, but achieve performance that stands out relative to peers.
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Contact Bill at insight@energy-cg.com to find out how we can help you.
The Energy Consulting Group's Expertise with the Digital Oil Field
Digital Oil Field: Wall Street Journal Article
USA Natural Gas Supply/Demand Fundamentals
(latest USA natural gas storage data and what it means for gas prices)
US Drilling Activity: Play Level Maps and Trends  Ukraine At Risk - An Oil and Gas Perspective
US LNG Export Industr:y Maps and Natural Gas Free Trade Countries Deep Utica Dry Gas- Emergence of a "super" productive shale play.
Saudi Arabia Stability At Risk Arctic Oil and Gas Development

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Gulf of Mexico Oil and Gas Industry
Deepwater Focus
===========================================================================================================================================================

Despite recently being eclipsed in the news by shale gas and shale oil plays, 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.
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 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.




Bathymetry (depth ) map for the Gulf of MexicoBathymetry (depth ) map for the Gulf of Mexico
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Gulf of Mexico deepwater oil and gas potential is not limited to the United States,  However, the US is, by far, the furthest along in exploiting deepwater resources.

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Gulf of Mexico: Deepwater Fields and Water Depth

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Offshore technology has steadily marched into deeper waters.......

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Courtesy of BOEM

United States Gulf of Mexico Oil and Gas Production
United States Gulf of Mexico Oil and Gas Production
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......until it was no longer resting on the seafloor, but routinely floating in thousands of meters of water.

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Courtesy of BOEM
Gulf of Mexico Drilling Activity-Deepwater Dominates

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Deepwater drill ship in the Gulf of Mexico

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Courtesy of the US Coast Guard (USCG)


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Field:  Mars
Blocks:  MC807; MC935
Water Depth:  3400'
Production Start:  1996

Field:  Thunder Horse
Blocks:  MC776; MC778; MC737

Water Depth:  5664'
Production Start:  2008

Field:  Horn Mountain
Blocks: 
MC084
Water Depth:  5455'
Production Start:  2002

Field:  Atlantis
Blocks:  GC699

Water Depth:  6285'
Production Start:  2007

 


Thunder Horse PDQ on Location

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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.

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Courtesy of the US Coast Guard (USCG)


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Field:  Constitution
Blocks:  GC679
Water Depth:  4998'
Production Start:  2006

Field:  Shenzi
Blocks:  GC654

Water Depth:  4310'
Production Start:  2007

Field:  Perdido
Blocks:  AC857; AC859

Water Depth:  7918'
Production Start:  2010

Field:  Tahiti
Blocks:  GC596

Water Depth: 4326'
Production Start:  2007


 

 

E&P News and Information

Upstream Online

Rigzone

Energy365

Alexander's
Oil and Gas News

Schlumberger
Oil and Gas News

World Oil

OIl and Gas Journal

Scandinavian
Oil and Gas Magazine

Hart E&P

International and National
Energy Agencies

International Energy Agency
Oil Market Report

Energy Information Agency- US

Department of Trade and
Industry -UK , Oil

Norwegian Petroleum
Directorate-Norway

National Energy
Board-Canada

Pemex

Ministry of Industry and
Energy-Russia

E&P Project Information

Hydrocarbon Technology

Offshore Technology

   

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