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GoM: company benchmarking in a low oil price environment
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Report summary
The Gulf of Mexico is approaching the end of a massive investment cycle with major players bringing several greenfield developments onstream. Despite the recent drop in oil prices, operators will continue to move sanctioned projects forward, enjoying lower point-forward breakeven prices courtesy of sunk capital. The Shelf continues to enjoy relatively strong economics, though lacks a deep bench of operators compared with Deepwater.
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