Offshore Gulf of Mexico - Upstream Oil & Gas

The average measured depth of oil and gas wells in the offshore Gulf of Mexico can vary significantly due to the different geological targets and technological capabilities. One of the deepest wells ever drilled in this region is the Knotty Head No. 1 discovery well, which reached a total measured depth of approximately 34,189 feet? (Chevron Corporation)?. As of June 2023, the daily production level was at around 1,86 million barrels of oil per day and 2,2 million BOE per day.