Potential for 2 Million Low-Carbon BBL/d in Gulf of Mexico, an Industrial Info News Alert
Subscribers to Industrial Info's Global Market Intelligence (GMI) Oil & Gas Production Project Database can learn more from a detailed project report .
- Subscribers to Industrial Info's Global Market Intelligence (GMI) Oil & Gas Production Project Database can learn more from a detailed project report .
- Federal data through March show total offshore production in the U.S. territorial waters of the Gulf of Mexico averaged 1.87 million BBL/d.
- And while that represents only around 15% of total U.S. crude oil production, Gulf production has increased steadily since the 1980s.
- Industrial Info finds production is up 150% from 1980s levels and by the 90s, output had reached 750,000 BBL/d.