Mubasher: Crude oil production in the Federal Offshore Gulf of America (GOA) will average 1.80 million barrels per day (b/d) in 2025 and 1.81 million b/d in 2026, according to the U.S. Energy Information Administration (EIA).

This is compared to 1.77 million b/d in 2024, as per the Short-Term Energy Outlook (STEO) May report.

STEO expected  GOA natural gas production to average 1.72 billion cubic feet per day (Bcf/d) in 2025 and 1.64 Bcf/d in 2026, compared with 1.79 Bcf/d in 2024.

In this regard, the GOA is projected to contribute about 13% of U.S. crude oil production and 1% of U.S. marketed natural gas production in 2025 and 2026.

‘’We expect operators to start crude oil and natural gas production at 13 fields in the GOA during 2025 and 2026, without which GOA production would decline,” the report highlighted.

It added: “Eight fields will be developed using subsea tiebacks or underwater extensions to existing Floating Production Units (FPUs) at the surface. Five fields will produce from four new FPUs, with one of the new FPUs (Salamanca FPU) targeting production from two fields.''

The additional crude oil production from all new fields is expected to contribute 85,000 b/d in 2025 and 308,000 b/d in 2026.

As for associated natural gas production from the new fields, it will average 0.09 Bcf/d in 2025 and 0.27 Bcf/d in 2026.