Global deepwater liquid production is set to jump by 700,000 bpd from 2018 to reach a record-high of 10.3 million bpd in 2019, thanks to new fields coming on stream in Brazil and the U.S. Gulf of Mexico, research firm Rystad Energy said on Friday. In addition to Brazil and the United States, the other biggest deepwater producers will be Angola, Norway, and Nigeria, according to Rystad. For the U.S. Gulf of Mexico, energy consultancy Wood Mackenzie expects “a historic year” in 2019, with Shell’s Appomattox marking the first production ever from a Jurassic reservoir in the Gulf of Mexico. Drilling in the area is also set to post the first increase in four years and new projects are expected to be sanctioned, according to WoodMac. Operators have driven down the cost of developing new deepwater barrels by more than 50 percent since 2013, Wood Mackenzie said in November. […]