Show how production has advanced into Deepwater GOm

The various kinds of RR

Take you through the evolution of various allocation senerios and how it still remains on a case-by-case basis

Show how production has advanced into Deepwater GOm

The various kinds of RR

Take you through the evolution of various allocation senerios and how it still remains on a case-by-case basis

29% are in ultra-deep waters
Also, approx 8,000 non-producing wells (shut-in wells that have not been squeezed)

Majors are defined for this presentation as: BP, ChevronTexaco, ExxonMobil, & Shell

Canyon Express; NaKika - 7 subsea fields tying back to hub; Mad Dog tying in to Cameron Hwy pipeline
Ultrasonic gas meters at Canyon Express, Boomvang, and Nansen; subsea wet-gas meters at Canyon Express

Of the 29 Deepwater rigs, 23 rigs are working in water depths greater than 1500'. Of the 23 deepwater rigs(>1500') , 6 rigs are working in water depths greater than 5000'.

Slight drop until 2004 when big oil projects will come online
DW oil prod generally expected to continue increasing; do not see peak within forecast period

Shows incredible differences between prod rates in DW and on Shelf.
Bar heights show max oil prod rate from single completion on each lease, going all the way back to 1947.

Show how production has advanced into Deepwater GOm

The various kinds of RR

Take you through the evolution of various allocation senerios and how it still remains on a case-by-case basis

Show how production has advanced into Deepwater GOm

The various kinds of RR

Take you through the evolution of various allocation senerios and how it still remains on a case-by-case basis