Crude oil production in the U.S. Gulf of Mexico (GoM) is expected to grow in 2021 and 2022 on expectations of over a dozen new projects coming online, according to recent forecasts by the Energy Information Administration (EIA).

In its latest Short-term Energy Outlook (STEO) report, the EIA said 13 new projects could account for about 12% of total GoM crude oil production, or about 200,000 bbl/d, by the end of 2022.

Four of the new projects, which typically take several years to develop, will likely begin production in 2021 and nine more in 2022, according to Rystad Energy.

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