Country report
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46 Pages

US GoM Shelf upstream summary

US GoM Shelf upstream summary

Report summary

The Gulf of Mexico Shelf includes all shallow waters in the Gulf of Mexico, off the coast of Texas, Louisiana, Mississippi, Alabama and Florida. Wood Mackenzie defines shallow waters as less than 400 metres (1,213 feet).The Gulf of Mexico Shelf has been producing since the late-1940s and is in natural production decline. Supermajors and leading Independents historically had a strong position in the region, but many have since shifted their focus to deeper water, and a large number of ...

What's included?

This report includes 2 file(s)

  • Region Overview PDF - 2.12 MB 46 Pages, 9 Tables, 10 Figures
  • Region Overview XLS - 429.50 KB


Volatility in oil markets has led players in the upstream oil and gas industry to focus on reducing capital spend and operating costs. At the same time, governments need to review fiscal terms to maintain attractiveness and investment.

This country report gives an overview of the key upstream issues for this country. If you’re interested in identifying and assessing upstream investment and expansion opportunities, this upstream summary is your definitive commercial guide.

Potential investors, governments and companies in the oil and gas sector can use it to gain a better understanding of the critical issues for development opportunities in this country.

Wood Mackenzie's 500 dedicated analysts are located in the markets they cover. They produce forward-looking analysis at both country and asset level across the globe, backed by our robust proprietary database of trusted research. Proprietary data means a superior level of analysis that is simply not available anywhere else. Wood Mackenzie is the recognised gold standard in commercial data and analysis.

  • Key facts
    • Summary
    • Key issues
      • Changing operator landscape
      • Navigating around and through the salt
      • Ultra-deep drilling
      • Lease sales
      • Rigs and equipment
      • Regulatory
      • Safety still a concern
  • Region map
  • Geology
    • Regional Structural Framework
    • Conventional Gas and Oil
    • Deep Gas
    • Ultra-deep Gas
  • Exploration and development
    • Exploration Drilling
    • Ultra-deep Shelf
    • Salt domes and sub-salt prospects
  • Reserves and resources
    • Region reserves
  • Production
    • Total region production
      • 2005 Hurricane Season
      • 2008 Hurricane Season
  • Infrastructure
    • Gas infrastructure
      • Major gas pipelines - operational
      • Trunkline Gas System
      • Destin Gas Gathering System
      • Sea Robin System
      • Stingray Pipeline System
      • High Island Offshore System (HIOS)
      • Gulfstream Pipeline
      • Major gas pipelines - expansion projects
    • Liquids infrastructure
      • Major liquids pipelines - operational
      • Endymion Oil Pipeline
      • Delta Oil
      • Cameron Highway Oil Pipeline
      • Eugene Island Pipeline System
      • High Island Production System
      • Major liquids pipelines - expansion projects
  • Costs
    • Capital costs
    • Operating costs
  • Policy and regulation
    • Federal regulatory bodies
      • Bureau of Safety and Environmental Enforcement (BSEE)
      • Bureau of Ocean Energy Management (BOEM)
      • Office of Natural Resources Revenue (ONRR)
      • Bureau of Ocean Energy Management, Regulation, and Enforcement (BOEMRE) and Minerals Management Service (MMS)
      • Environmental Protection Agency (EPA)
      • Department of Transportation (DOT)
      • Department of Homeland Security (DHS)
      • Federal Energy Regulatory Commission (FERC)
    • State regulatory bodies
    • Licensing
    • International Boundaries
    • US State / Federal Boundaries
      • Planning Areas & Protraction Areas
      • Blocks and Leases
      • Lease Allocation
    • Lease Rental Fees
      • Lease Term
      • Lease Unitisation
      • Other Administrative Procedures
      • Exploration
      • Drilling
      • Development and Production
      • Platforms
      • Production Facilities
      • Cessation of Production and Abandonment
      • Pipelines
      • Hurricane Precautions
  • Fiscal terms
    • Overview
    • Current Fiscal Terms
      • State Equity Participation
      • Bonuses, Rentals and Fees
      • Indirect Taxes
      • Royalty
      • Deep Water Royalty Relief (DWRR)
      • Deep Gas Royalty Relief (DGRR)
      • End-of-Life Royalty Relief
      • Net Revenue Share (NRS) Royalty Relief
      • Export Duty
      • Environmental / CO2 Taxes
      • Domestic Market Obligation (DMO)
      • Contractor Revenue Entitlement
      • Product Pricing
      • Corporate Income Tax
      • Depreciation
      • Sample Cash Flow
      • Marginal Government Take
    • Current fiscal terms

In this report there are 19 tables or charts, including:

  • Key facts
    • Key facts: Table 1
  • Region map
    • Region Map
  • Geology
  • Exploration and development
    • Net Acreage by Basin
    • Exploration and development: Table 1
    • Historical Drilling - New Producing Wells by Basin
    • Exploration and development: Table 2
  • Reserves and resources
    • Reserves and resources: Table 1
    • Remaining 2P Reserves by Basin (at 01/01/2015)
    • Remaining 2P Reserves by Resource Type (at 01/01/2015)
    • Reserves - companies analysed
    • Remaining 2P Reserves by Resource Type - Top 10 Companies (at 01/01/2015)
  • Production
    • Production: Table 1
    • Production by Resource Type (2010-2029)
    • Production - companies analysed
  • Infrastructure
    • Major Gas Pipelines Schematic
    • Major Liquids Pipelines Schematic
  • Costs
    • Remaining Capital Costs by Basin
    • Costs: Table 1
  • Policy and regulation
  • Fiscal terms
    • GEM models
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