Despite massive cuts in investment the US Gulf of Mexico is set for another year of record oil production in 2020, according to Rystad Energy. Most of the supply growth next year will come from deepwater projects, according Rystad. “2020 is expected to be another record year with average production above 1.9 million barrels per day,” says Joachim Milling Gregersen, an analyst on Rystad Energy’s upstream team. Oil production in the Gulf of Mexico has grown every year since 2013, with an average of 104,000 barrels per day added annually. An essential contribution has come from infill drilling in legacy producing fields such as Mars , Thunder Horse and Tahiti. The top contributors to supply growth in 2019 have so far been the Big Foot and Crosby fields. However, by the end of the year the Appomattox field is expected to make a significant impact by ramping up towards […]