Peak Oil? What Peak Oil? Guyana? Gulf Of Mexico? August 30, 2024

Locator: 48497PEAKOIL.

WTI: $75.96.

Sunday, September 1, 2024: 76 for the month; 132 for the quarter, 456 for the year
40477, conf,  CLR, Clover 5-10H,
40460, conf, Slawson, SnakeEyes 6-20-29H,

Saturday, August 31, 2024: 74 for the month; 130 for the quarter, 454 for the year
None.

Friday, August 30, 2024: 74 for the month; 130 for the quarter, 454 for the year
None,

RBN Energy: oil explorers plan for production growth in US Gulf of Mexico.

Crude oil production in the U.S. Gulf of Mexico (GOM) is poised for a growth spurt through 2030 even as producers brace for a host of challenges, not least from forecasts that global oil demand will subside in the long term. But while the GOM’s supply accounts for a relatively small portion of total U.S. production, exploration and production companies (E&Ps) haven’t lost interest, in part because the Gulf offers key crude grades in high demand. In today’s RBN blog, we examine what is stoking the renewed interest in developing the GOM.