Gulf deep shelf gas drilling expected to increase

摘要

THE MINERALS MANAGEMENT Service (MMS) has been encouraging the drilling of deep gas wells on the Gulf of Mexico shelf for several years, however, even with the MMS' incentives including royalty relief for a certain amount of initial production from wells below 15,000 ft, it appears that exploration in the area has only recently become active. This may change in 2004, however, as more becomes known about deep gas formations and the challenges of drilling for them.