Insight
The US GoM Paleogene: what does the future hold?
*Please note that this report only includes an Excel data file if this is indicated in "What's included" below
Report summary
The successful delivery of first oil at Chevron’s Anchor field is the latest chapter, proving that 20k-psi completions technology has unlocked the next frontier play: the ultra-high-pressure (UHP) Paleogene. Two years ago, we had a look at what the first ten years of production from GoM Paleogene reservoirs revealed. At that time, we concluded that “the oil-weighted [Paleogene] play will account for 37% of production” by 2030. Perhaps we even undershot the amount of growth.
Table of contents
- Executive summary
- What will success look like for the Inboard Paleogene?
Tables and charts
This report includes 10 images and tables including:
- Forecast GoM production and % of production from Paleogene fields
- Locations of US GoM Paleogene plays
- GoM Paleogene discovery and first oil timeline
- Discovered resource by development status and region (at 01/01/2025)
- Discovered volume since 2000 by play type
- EUR per well by Paleogene field (Woodmac forecast for future fields)
- CAPEX / boe for Outboard Paleogene fields
- Average oil production per well by month on production and WM forecast for future UHP fields
- Project NPV, production scenarios
- Map of US GoM highlighting exploration potential around 20k hubs
What's included
This report contains:
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