Insight
Weighing waterflood benefits in US Gulf of Mexico
*Please note that this report only includes an Excel data file if this is indicated in "What's included" below
Report summary
Waterflooding is a powerful technique to unlock incremental volumes in a reservoir. Surprisingly, only 16% of the current producing fields in the US Gulf of Mexico (GoM) utilise this method, trailing behind other major deepwater regions. Our report dissects the details surrounding the underutilisation of waterflooding in the US GoM. We also discuss the performance of waterflooding across various play types, examine watercut trends, value two incremental programs and determine what could impact future waterflood implementation.
Table of contents
- Executive summary
- Introduction
- Waterflood history in GoM
- Waterflooding: a compelling value proposition?
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Valuing two field case studies
- Tornado
- Tahiti
- Why isn't waterflooding more widely used in the US GoM?
- The next era in waterflood adoption in GoM
- Appendix
Tables and charts
This report includes the following images and tables:
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Waterflood implementation history in GoMProject FID by development typeSingle well EUR by play type
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Single well valuation by play typeWatercut level of well in waterflooded fields by play typeWaterflood adoption in deepwater offshore fields across different regionsRecovery method of producing fields in GoMUS GoM production by recovery methodRecovery method of onstream, probable-development, and under-development fields in the PaleogeneCost assumption tableWell SS001 production forecastTornado cash flow comparison
- 3 more item(s)...
What's included
This report contains:
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