A drilling derrick on BP's Thunder Horse platform in the Gulf of Mexico
Gulf of Mexico’s deepwater expansion, part 2: Existing assets
Producers in the region see significant gains to be made by boosting output using the infrastructure already in place
Given the costs and challenges of deepwater exploration and production in the Gulf of Mexico (GOM), it is unsurprising that operators are focused not just on new fields but also on maximising output from existing platforms. “The region’s three largest players—Shell, BP and Chevron—each have key platforms (hubs) where they are looking to maximise returns,” said Matt Snyder, vice-president and head of North America research at consultancy Welligence. “Through various technologies—water injection projects, ocean bottom node seismic acquisition—these companies have been able to not only increase production at these older fields, but in some cases considerably increase the estimated recoverable r
Also in this section
21 April 2026
After overcoming a COVID-induced demand collapse with several years of successful market management, geopolitical events have conspired to provide the pact’s biggest test to date
21 April 2026
The regime’s policy of using nuclear ambiguity as a deterrent may have failed but it has realised it has other cards to play, while its neighbours are reappraising their approach to security
21 April 2026
As the global energy system undergoes a fundamental realignment, Algihaz Holdings has established itself as a critical player bridging conventional energy markets and the next generation of renewable infrastructure.
21 April 2026
The 25th WPC Energy Congress is taking place from 11-15 October 2026 at the Riyadh Front Exhibition & Conference Center.
