MMS reports new incentives in Gulf of Mexico will spur oil and gas production

… royalty relief to tap into pockets of natural gas deep under shallow waters … older, easier-to-reach fields have passed their peak …
Oil production in the Gulf will increase to a record 2 million barrels per day by 2006, compared to the current rate of 1.5 million barrels per day, and could reach 2.25 million barrels a day by 2011

OilOnline