[ckilmer]

But Molchanov estimates that from 2012 to 2020, offshore production in the Gulf, mainly from deepwater, will grow 8.3% per year, vs. 6.1% for onshore oil and gas.
.................
The EIA is already forecasting about 1 million barrels@ day growth in US oil production for 2014-2015. And then a flat growth pattern afterwards.

So I wonder if those percentages are front loaded so most of the gains are in 2014-2015.

Any ideas as to how that translates into barrels per day?

We already saw that Eagle Ford while slowed down considerably is now expected to still put in 100,000 barrel @ day increases each year for 2016-2020.

Also, the Bakken while slowed considerably is expected to raise its production in 2016-2020. By an amount I’ve since forgotten. But I recall seeing the revised estimates.

[thackney]

1.33 MMBPD x 8.3% = 0.11 MMBPD