(WoodMac, 4.Jun.2020) — The oil price crash has come at a time when the US Gulf of Mexico (GoM) is leaner and nimbler. It is better prepared to weather the storm compared to the last downturn. Mfon Usoro, from Wood Mackenzie’s Gulf of Mexico upstream research team, takes a look […]
Tag: US Gulf of Mexico
Equinor Reports GOM Oil Discovery
(Equinor, 6.Apr.2020) — Equinor and co-venturers Progress Resources USA Ltd and Repsol E&P USA Inc. have encountered oil in the Monument exploration well in the US Gulf of Mexico. The Monument exploration well found approximately 200 feet (c. 60 metres) of net oil pay with good reservoir characteristics in Paleogene […]