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Deepwater Gulf of Mexico 2004: America's Expanding ... - OCS BBS

Deepwater Gulf of Mexico 2004: America's Expanding ... - OCS BBS

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Figure 68a shows that the average deepwater oil completion currently produces at 20 times the rate<br />

<strong>of</strong> the average shallow water (less than 1,000 ft [305 m]) oil completion. The average deepwater gas<br />

completion currently produces at 8 times the rate <strong>of</strong> the average shallow-water gas completion<br />

(figure 68b). <strong>Deepwater</strong> oil production rates increased rapidly from 1996 through 2000 and<br />

remained steady since that time. <strong>Deepwater</strong> gas production rates rose from 1996 to mid-1997 and<br />

then stabilized at the current high rates.<br />

Two trends are readily apparent in figures 69a-b. First, average oil and gas production rates per well<br />

are increasing and, secondly, production rates are declining from their peaks more rapidly in recent<br />

years. These figures plot monthly average oil and gas production rates for all wells completed in a<br />

specific year. For example, in figure 69a, the 1992 line represents oil well production for oil wells<br />

completed in 1992 divided by the number <strong>of</strong> oil wells completed in that year. The 1992 line tracks<br />

production from these completions in successive years.<br />

Figures 70a (oil) and 70b (gas) compare maximum historical production rates for each lease in the<br />

GOM, i.e., the well with the highest historical production rate is shown for each lease. These maps<br />

show that many deepwater fields produce at some <strong>of</strong> the highest rates encountered in the GOM.<br />

Figure 70a also shows that maximum oil rates were significantly higher <strong>of</strong>f the southeast Louisiana<br />

coast than <strong>of</strong>f the Texas coast. Figure 70b illustrates the high deepwater gas production rates relative<br />

to the rest <strong>of</strong> the GOM. Note also the excellent production rates from the Norphlet trend (<strong>of</strong>f the<br />

Alabama coast) and the Corsair trend (<strong>of</strong>f the Texas coast).<br />

96

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