EIA expects flat oil and natural gas production from the Gulf of Mexico after model update">EIA expects flat oil and natural gas production from the Gulf of Mexico after model update
(Thu, 12 Sep 2024) We recently implemented a new model for forecasting crude oil and natural gas production from the U.S. Federal Offshore Gulf of Mexico (GOM) in the <em>Short-Term Energy Outlook</em> (STEO). In our latest outlook, we forecast that GOM production will remain relatively flat with new fields offsetting the natural production declines from existing fields.
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