Exploration News for Gulf of Mexico


Results 10 articles shown

BHP Gearing Up to Start Drilling for Oil in Mexico's Deep Waters
Monday, October 02, 2017 BHP Billiton is getting closer to drilling its first oil wells in Mexico's deep waters.

Oil Producers Signal Offshore Return In Latest Gulf Of Mexico Auction
Wednesday, August 16, 2017 Major oil producers pushed up high bids at a Gulf of Mexico offshore auction to $121 million, a nearly seven-fold increase from a year ago.

Malaysia's Petronas Says Awarded Shallow-Water Oil And Gas Block In Mexico
Wednesday, August 02, 2017 Petronas says it has been awarded a shallow-water oil and gas exploration block that it will jointly operate with Ecopetrol in the Mexican portion of the Gulf of Mexico.

Mexico Oil Privatization Pays Off With Billion-Barrel Find
Wednesday, July 12, 2017 It's the first new find by a private company in the country in almost 80 years, according to consultant Wood Mackenzie.

BP Says 1B Additional Barrels 'Possible' In Gulf Of Mexico Hubs
Monday, May 01, 2017 BP says the oil company's use of a new seismic imaging technology has identified 1 billion additional barrels of "possible resources" at four of its US offshore fields.

Eni CEO Says Mexico Oil Find Likely Bigger Than Estimates
Wednesday, March 29, 2017 Eni says there could be more than 800 million barrels of oil in place in its recent discovery off the coast of Mexico.

Shell Approves New Gulf Of Mexico Project, First Since 2015
Tuesday, February 28, 2017 Shell has given the go-ahead to develop its Kaikias deepwater field in the Gulf of Mexico, the first such project the oil and gas company has approved in 18 months.

W&T Offshore Strikes Black Gold at Mahogany Field
Friday, January 06, 2017 New WAZ seismic data leads W&T Offshore to drilling success at Mahogany.

Statoil May Stop Drilling In US Gulf Of Mexico
Friday, January 06, 2017 Statoil is considering whether to end its costly search for oil and gas in the U.S. Gulf of Mexico.

Mexico Oil Auction Succeeds in Drawing World's Biggest Drillers
Tuesday, December 06, 2016 Mexico's first competitive deepwater oil auction surpasses expectations as eight of the 10 blocks are awarded to some of the world's top oil firms.