In this post, I will address 3 topics relating to the Northern Deepwater Gulf of Mexico – 1. Historical oil production 2. One view of the future of exploration 3. EUR ranges I will limit my comments to oil production (not gas production). All production data is from BSEE/BOEM. The play outlines on the map are my best estimates. I will be using the BSEE definition of deepwater, which includes water depths greater than 1000’. And, I will be assuming a Business As Usual future – by that I mean that fossil fuels will continue to be an important energy source, and the world will continue to be able to afford them. 1. Historical production Cumulative production to date from the deepwater GOM is about 7 billion barrels of oil (Bbo). Total shelf production is about 13 Bbo. The chart below shows both shelf (in green) and deepwater production […]