Skip to main content
U.S. Department of Energy
Office of Scientific and Technical Information

Gulf of Mexico update: May 1988--July 1989

Technical Report ·
OSTI ID:5205506
This Update discusses offshore oil and gas activities in the Gulf of Mexico OCS Region for the period May 1, 1988, through July 15, 1989. During this period, the offshore oil and gas industry in the Gulf of Mexico OCS Region continued to rebound from the oil and natural gas price declines of the mid-1980's. The chart in figure 3 (p.4) displays the prices for selected crude oils, as well as the offshore rig count for the past 9 years. The price of oil, as well as the number of working offshore rigs, has stabilized over the past year. This Update discusses what effect this may have had on the region and provides information regarding recent trends in the Gulf of Mexico OCS Region. 19 figs., 12 tabs.
Research Organization:
Minerals Management Service, Vienna, VA (USA). OCS Information Program
Sponsoring Organization:
DOI
OSTI ID:
5205506
Report Number(s):
OCS/MMS-89-0079; ON: TI90006058
Country of Publication:
United States
Language:
English