Peer Strategy

Majors Chart New Paths in US Gulf's '20k' Journey

Copyright © 2023 Energy Intelligence Group All rights reserved. Unauthorized access or electronic forwarding, even for internal use, is prohibited.
  • Technology more than a decade in the making is putting into play the ultra-high-pressure Lower Tertiary trend in the US Gulf of Mexico, which holds some of the region’s largest undeveloped oil and gas resources.

  • Leading Gulf producers Chevron, BP and Shell are bringing different approaches and levels of experience to the “20k” development challenge, but are all keen to proceed to extend plateau production.

  • Renewed economic viability is even allowing old development plans to get a fresh look as years of limited rank exploration have reduced the pool of significant outstanding development opportunities in the province.

The Issue

Upstream Projects, Deepwater, Upstream Technology, Corporate Strategy , Majors, Exploration, Offshore Oil and Gas, Oil-Field Services
Wanda Ad #2 (article footer)
India's leading oil companies have a lot of work ahead to translate broadly government mandate-driven directives into real-world decarbonization investments, but near-term plans are coming into view.
Tue, Sep 26, 2023
The move will revert ownership of the block to small independents Ratio Guyana and Cataleya Energy, with Ratio expected to take over operatorship.
Fri, Sep 29, 2023
The ruling reflects the increasingly challenging legal environment for oil and gas companies in Australia.
Thu, Sep 28, 2023