As the deepwater Gulf of Mexico (GOM) matures, it will become increasingly difficult to offset natural gas production declines on the shelf, which “may imply a more severe U.S. gas production decline” than now estimated, according to an analysis by Southwest Securities’ John Gerdes.
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Analysis Suggests Deepwater Not Offsetting Shelf Declines
As the deepwater Gulf of Mexico (GOM) matures, it will become increasingly difficult to offset natural gas production declines on the shelf, which “may imply a more severe U.S. gas production decline” than now estimated, according to an analysis by Southwest Securities’ John Gerdes.
September 23, 2003