Deepwater promiseMMS: Another 56 billion barrels yet to be discovered in deepwater Gulf Ray Tyson Petroleum News Houston Correspondent
Deepwater Gulf of Mexico keeps moving along with a recorded 86 producing projects at year-end 2003, up more than 50 percent in the span of just a few years. And there appears to be plenty of oil and gas discoveries to keep pipelines full for years to come.
So, how long can the good times roll?
In it....
[additional news subjects in this story]
Financial, technical challenges in deeper waters Subsea well completions enhance economics Agency sees lag between exploration and first production
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