Wild and crazy New Year’s Eve! 🧨🎆
In addition to the Virginia Wind and Santa Ynez Unit courtroom drama, the EIA reported that Gulf of America oil production averaged 2.031 million bopd in October. That is the second highest Gulf OCS monthly oil production in history, trailing only the Aug. 2019 record of 2.044 million bopd.
Also, with only two 2025 months remaining to be reported, the annual production record is a distinct possibility. 693 million bbls were produced in the Gulf in 2019. That mark will be exceeded if daily production averaged >2 million bopd in Nov. and Dec.
Bud's Offshore Energy (BOE) 