Exploration & Production

New fields could reverse decline in output from Gulf of Mexico

A slew of new fields starting up in the Gulf of Mexico may slow or reverse the decline in gas production seen in the region over the past two decades
By Staff reporter 27 November 2018 0 33470

A slew of new fields starting up in the Gulf of Mexico may slow or reverse the decline in gas production seen in the region over the past two decades, according to information reported to the United States Department of the Interior.

The 16 projects starting up in 2018 and 2019 have a combined gas resource estimate of about 23.7 billion cubic metres. Twelve of the 16 new projects are in the Mississippi Canyon and Green Canyon areas.