November 2012, Vol. 239 No. 11


E&P Activity Driving Deepwater GoM Revival

Deepwater Gulf of Mexico (GoM) is experiencing a strong resurgence of exploration and production activity and is well on its way toward reaching a “new equilibrium” in 2013 according to Wood Mackenzie’s latest upstream outlook. Huge exploration success in the deepwater GoM over the 10 years preceding the April 2010 Macondo incident built a momentum that has been slowed, but not diminished in the two years succeeding it. Wood Mackenzie’s outlook underscores that the GoM is being defined by a high level of investment, a wide range of opportunities and the large number of explorers.   “The moratorium and exodus of several mobile offshore dril

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