MMS ups gas reserves for Gulf’s deep shelfBut is up to 55 trillion cubic feet sufficient to help offset declining U.S. production? Petroleum News
The U.S. Minerals Management Service has increased by nearly three fold its reserve estimate for natural gas in the deep horizons of the Gulf of Mexico’s continental shelf. But transforming those reserves into enough daily consumer volume to help offset the overall decline in U.S. domestic gas produ....
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New reserve estimate hopeful sign Total shelf production falling steadily Both deep shelf and deepwater reserves needed Lehman Brothers raises gas production decline estimate
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