On 29 October 2015 Wood Mackenzie held its 4th annual Deepwater Gulf of Mexico Briefing in Houston. The theme of the afternoon was "The Gulf of Mexico in a low oil price environment". Topics discussed included: What might the future hold for oil prices?; Corporate positioning in a low price environment where does deepwater GoM fit?; Trends in global & GoM exploration; Impact of a shifting cost structure and lower oil prices on deepwater GoM; Play level benchmarking in Deepwater GoM; Deepwater GoM short term trends shift with falling crude prices.