Even as onshore shale has become the gleam in the US oil industry’s eye, the Gulf of Mexico remains a solid, if less glamorous, member of the domestic production profile than in years past. The Gulf has begun to stir recently after three years of low prices, attracting private equity money alongside a new set of players. As shale recently helped push US crude oil production over the 10 million b/d mark for the first time since 1970, the US Gulf — which had been expected to fade silently into the background — continues to grind forward and will reach a peak this year, analysts say. “We will see an all-time record production from the […]