Asset Report
US GoA (GoM) Deepwater exploration basin
*Please note that this report only includes an Excel data file if this is indicated in "What's included" below
Report summary
The US Gulf of America (Gulf of Mexico) Deepwater Gulf Coast Tertiary Basin has a decades-long history of exploration and development activity across numerous plays. It has shown itself to be resilient to numerous price cycles. Explorers focused initially on shallower plays, located in geologic areas that are now well understood. As these plays matured, explorers have stepped into more technically challenging and costly environments. Improvements in subsalt imaging and advances in rig specifications have enabled drilling of increasingly complex wells in ultra-deep waters. Significant prospective resource potential remains, notably in the Subsalt Miocene and Paleogene plays. Improvements made by the E&P industry in controlling exploration costs mean that even when exploring and developing these complex, predominantly ultra-deep water plays, full-cycle returns can be positive. Full details are available for download in pdf and xls format.
Table of contents
-
Summary of commercial outlook
- Challenges:
- Wells drilled
-
Prospective resources by play
- Plio-Pleistocene
- Mid-Late Miocene
- Subsalt Miocene
- Paleogene
- Jurassic
- Prospective resource costs and underlying development assumptions
- Development value
-
Prospect economics - Plio-Pleistocene
- Mid-Late Miocene
- Subsalt Miocene
- Paleogene
- Jurassic
- Value Creation
- Licensing
- Fiscal terms
-
Oil and gas prices
- Plio-Pleistocene and Mid-Late Miocene
- Subsalt Miocene
- Paleogene and Jurassic
Tables and charts
This report includes the following images and tables:
- Exploration history map
- Drilling activity by well type
- Discoveries and success rates
- Top 10 discoveries 2014-2023
- Current acreage holders
- Plio-Pleistocene
- Mid-Late Miocene
- Subsalt Miocene
- Paleogene
- Jurassic
- Summary of discovery and development costs
- Unit value of potential discoveries
- 34 more item(s)...
What's included
This report contains:
Other reports you may be interested in
Asset Report
Exploration trends - benchmarking by water depth
Analysis of trends in conventional exploration over 2015-2024 across four sectors: onshore, shelf, deep- and ultra-deepwater.
$11,000
Asset Report
Jiuquan Basin (Yumen fields)
The Yumen oil fields complex in the Jiuquan basin is often referred to as the 'cradle' of the Chinese oil industry.
$3,720
Insight
US upstream in brief: Chevron and ExxonMobil exceed Q3 expectations
The US week in brief highlights the need-to-know current events from US upstream. Stories are supplemented with proprietary WoodMac views.
$1,350
