Gulf of Mexico-{open_quote}Silicon Valley{close_quote} to offshore oil & gas industry
- Simmons & Co. International, Houston, TX (United States)
To think that it was only four years ago when the Gulf of Mexico was sadly being dismissed as a mature, drilled up basin. How wrong this perception was. Today, the Gulf of Mexico (GOM) stands out as an offshore technology showcase, where every bit of genuine high technology used to produce energy from the ocean is now being employed. In fact, what cynics described as the {open_quotes}Dead Sea{close_quotes} only four years ago has suddenly risen from the ashes of 1992 to become an offshore {open_quotes}Silicon Valley{close_quotes}. How just-in-time drilling, deep water and subsalt development, technology and royalty relief enable the GOM to become the backbone of America`s energy supply are discussed. How just-in-time drilling, deep water and subsalt development, technology, and royalty relief enable the GOM to become the backbone of America`s energy supply are discussed.
- OSTI ID:
- 443427
- Journal Information:
- Sea Technology, Journal Name: Sea Technology Journal Issue: 8 Vol. 37; ISSN 0093-3651; ISSN SEATAD
- Country of Publication:
- United States
- Language:
- English
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