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Gulf of Mexico crude oil production will increase with new projects in 2021 and 2022

EIA forecasts U.S. crude oil production in the U.S. Federal Gulf of Mexico (GOM) to increase in the next two years, according to the latest Short-Term Energy Outlook (STEO). By the end of 2022, 13 new projects could account for about 12% of total GOM crude oil production, or about 200,000 barrels per day (b/d).

Read more Gulf of Mexico crude oil production will increase with new projects in 2021 and 2022

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