The Gulf’s Outlook Beyond Record Production

Posted
Matthew Rigdon, Executive VP and COO

The U.S. Gulf of America (GOA) is expected to reach record levels of oil and gas production in 2026. However, significant declines are forecast to begin in 2027. The Energy Information Administration expects domestic offshore oil production to slip from roughly 1.98 million barrels per day in 2026 to about 1.86 million barrels per day…