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New projects coming on stream will boost US gulf oil output to 1.9 million B/D in 2019 and 2 million B/D in 2020, EIA projects. Output fell below 12 million B/D and was down more than 300,000 B/D from an all-time high in April, according to data from the US Energy Information Administration. Anchored by the Khaleesi-Mormont and Samurai fields, the King’s Quay FPS will receive and process up to 80,000 B/D of crude oil. The new venture will operate several deepwater assets—including the Cascade, Chinook, Medusa, and Thunder Hawk fields.

  Country: North America > United States > Gulf of Mexico (0.66)
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