Insight
US Gulf of Mexico: 5 things to look for in 2023
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*Please note that this report only includes an Excel data file if this is indicated in "What's included" below
Report summary
Record cash flow of close to US$40 billion, reinstating of Lease Sale 257, uptick in M&A activity, and increased production and investment brought excitement to the US GoM in 2022. As we wave goodbye to the year, we discuss meaningful themes to look out for in the region in 2023 including production and investment growth, cost inflation trends, new technology deployment, low-carbon energies licensing activity, and M&A activity.
Table of contents
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Executive summary
- 1. Production and investment growth continues
- 2. Cost inflation will continue, but at a slower pace
- 3. Firmed-up regulation will support US GoM journey to energy super basin status
- 4. New technology gets deployed
- 5. M&A market: GoM consolidation continues
- What to look for in 2023 – a regional upstream series
Tables and charts
This report includes the following images and tables:
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US GoM deepwater production and capexUS GoM operator rig countUS GoM Shelf active blocks and CCUS projects
What's included
This report contains:
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