Insight
Wells offline reduce value in US deepwater Gulf of Mexico
This report is currently unavailable
Report summary
Between 2007 and 2013, producing oil and gas wells in the deepwater Gulf of Mexico (GoM) were online an average 79% of the time. Reducing the amount of time a well is producing decreases NPV and IRR in the long-term by deferring production into the future. For a large field in deepwater GoM, less than a 10% change in producing days each year leads to as much as 15% change in NPV.
Table of contents
-
An average deepwater GoM well is offline over two months a year
- Average number of days on production per month: 2007-2013
- Eliminating downtime adds value without reducing volume
-
Appendix
- Modelling assumptions
- Wood Mackenzie risking methodology
- Economic assumptions
Tables and charts
This report includes 3 images and tables including:
- Wells offline reduce value in US deepwater Gulf of Mexico: Image 2
- Wells offline reduce value in US deepwater Gulf of Mexico: Image 3
- Wells offline reduce value in US deepwater Gulf of Mexico: Image 1
What's included
This report contains:
Other reports you may be interested in
Insight
US upstream in brief: Banks watching Uinta wax
The US week in brief highlights the need-to-know current events from US upstream. Stories are supplemented with proprietary WoodMac views.
$1,350
Asset Report
Leon (KC 642)
Leon (KC 642) is a large Lower Tertiary oil discovery in the Keathley Canyon protraction area of the Central Gulf of Mexico. The Leon ...
$3,100
Asset Report
Cerveza Ligera (EB 158)
Cerveza Ligera (EB 158) is a small oil and gas field in the Flextrend play of the Western Gulf of Mexico. Although the water depth of ...
$3,100
