Wood Mac says 2007 in Gulf ‘disappointing,’ saw fewest deepwater discoveries in decade
Gulf of Mexico explorers came up short last year, together posting the least number of discovered deepwater oil and gas reserves in a decade, according to a report compiled by industry consultant group Wood Mackenzie, which released a separate report a month earlier saying U.S. Gulf production had i....
[additional news subjects in this story]
On average 80% of tight holes have been dry
More field appraisal in 2007
2007 say 1% production increase
Technical reserves bulk of discoveries
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