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Msg  185754 of 439399  at  6/15/2015 9:18:33 AM  by

valueconcious


GOM projections VS reality

 GOM production was supposed to steadily increase this year to over 1.6 mmbbls per day.  Yet EIA data shows production declining 53,000 bbls day from Dec 2014 through Mar 2015. The GOM rig count is at about half the level it was when this projection was made and before Big Foot was indefinitely put on hold.

 
graph of monthly oil production from the U.S. Gulf of Mexico, as explained in the article text 

 

 
 
 
 
 
 


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Msg # Subject Author Recs Date Posted
185771 Re: GOM projections VS reality x 8 6/15/2015 10:49:56 AM
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