US Gulf of Mexico upstream: 5 things to look for in 2023

Predictions for the year ahead

1 minute read

What's inside this year's report? 

Record cash flow of close to US$40 billion, reinstating Lease Sale 257, an uptick in M&A activity, and increased production and investment brought excitement to the US Gulf of Mexico (GoM) upstream sector in 2022.

So, what will 2023 bring? We expect another year of production and investment growth underpinned by delayed startups. But inflation will continue, and some operators will be exposed.

Powered by Lens Upstream, in US Gulf of Mexico upstream: 5 things to look for in 2023, we dig into the five top trends to watch. This includes:

  • Firmed-up regulation will support US GoM journey to energy super basin status
  • New technology gets deployed: the long-awaited arrival of 20-ksi rated rigs is here
  • And more.

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