Description
The deepwater Gulf of Mexico (GOM) is an integral part of the Nation’s oil and gas supply and one of the world’s most important oil and gas provinces. A major milestone was reached early in 2000 when more oil was produced from the deepwater GOM than from the shallow-water GOM. Deepwater oil production has nearly reached the all-time shallow-water GOM record set in 1971. In addition, the average size of a deepwater GOM field discovery is several times larger than the average shallow-water discovery. Deepwater fields are some of the most prolific producers in the GOM.
