CVX has set a goal to reach 300,000 net barrels of oil equivalent per day in the U.S. Gulf of Mexico by 2026. The Whale platform is expected to play a crucial role in helping the company meet that ...

Final details for next Gulf of Mexico oil and gas lease sale released; ... The sale will offer up roughly 13,600 blocks on 73.3 million acres in the Gulf, ... according to federal maps.

The Miocene-aged field was discovered over three years ago in the Green Canyon area of the Gulf of Mexico. Drilling encountered about 26 meters (85.3 feet) of net oil pay, Kosmos said at the time.

Oil and gas production in the Gulf of Mexico is belching out significantly higher levels of potent, planet-heating gas than previously thought, according to new research, which found the climate ...

The Bureau of Ocean Energy Management on Friday released the final details of the next U.S. oil and gas lease sale in the Gulf of Mexico, set for the end of March. The sale will offer up roughly ...