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Deepwater Gulf of Mexico (GoM) is proving to be resilient in the face of a sharp decline in oil prices. The robust level of activity is expected to remain buoyant over the short-term due to lower breakeven costs for sanctioned projects. However, if the low oil price persists and operators can't develop unique ways to decrease the capital required for new projects and/or improve recovery rates, it will be difficult for the region to sustain high level of activity and maintain production growth.
What's included?
This report includes 2 file(s)
Deepwater GoM resilient in low oil price environment PDF - 265.23 KB 3 Pages, 1 Tables, 1 Figures
GoM and Low Oil Prices.xls XLS - 84.00 KB
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This Upstream Oil and Gas Insight report highlights the key issues surrounding this topic, and draws out the key implications for those involved.
This report helps participants, suppliers and advisors understand trends, risks and issues within the upstream oil and gas industry. It gives you an expert point of view to support informed decision making.
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Insight | Mar 2015
Deepwater GoM resilient in low oil price environment
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