(Click the image to enlarge). The leasing event, livestreamed from New Orleans, comes as President-elect Joe Biden readies … [24] In 1956 Humble Oil drilled an exploratory well in state waters of Pensacola Bay, Santa Rosa County. The eastern Gulf of Mexico, which includes offshore Gulf Coast Florida, has never been a petroleum-producing area. Shell�s dominance in deepwater oil production began before In March 2010, President Barack Obama announced plans to allow drilling in the eastern Gulf of Mexico, in federal waters greater than 125 miles (201 km) from the coasts of Alabama and Florida. Gas production from [31] To date, natural gas from hydrates has not been produced from the Gulf of Mexico. U.S. oil companies are monitoring the first tropical storm of the 2020 Atlantic hurricane season to threaten the offshore oil patch in the U.S.-regulated northern Gulf of Mexico (GoM). Oil production is expected to continue the upward trend in 2018 … nonmajor and major companies has increased at approximately the same rate (figure 64b). OCS Offshore Gulf of Mexico Oil and Gas BOEM BSEE GOM Data for lease, owners, operators, lease sale, wells, pipelines, platforms, production, fields, prospects Figure 65b. [20][21], The first oil test in offshore Alabama was made in Mobile Bay in 1951. Figure 64b. This confirms the speculation that majors have been concentrating more To support its Gulf of Mexico business, bp maintains a logistics base in Port Fourchon, Louisiana, along with a heliport in Houma, Louisiana. A few dozen oil and gas companies bought new leases to drill in the Gulf of Mexico on Wednesday. A few dozen oil and gas companies bought new leases to drill in the Gulf of Mexico on Wednesday. (Click the image to enlarge). In 2012, federal leases in the Gulf of Mexico produced 463 million barrels (73.6×10^6 m3) of oil, which made up 19.5% of all U.S. oil production that year, and more than that of any U.S. state other than Texas. [26] All the wells drilled in state waters were dry holes. 75 percent of a particular lease in July 1997, then 75 percent of that lease�s production was attributed Oil companies snag Gulf of Mexico waters for offshore drilling in last bid before Biden transition President-elect Joe Biden has promised to ban new oil and gas leasing on public lands and waters. Royal Dutch Shell and Murphy Oil Corp MUR.N said they were monitoring the storm.Offshore production in U.S. Gulf of Mexico accounts for 17% of total U.S. crude oil … production. The U.S. administration last week held a region-wide Gulf of Mexico oil and gas exploration lease sale, in what was the last sale under the Trump administration, and potentially one of the last lease sales overall, as the new President-elect Joe Biden has pledged to ban new oil and gas leasing on public lands and waters. However, in April 2009 three committees of the Florida House of Representatives approved a bill that would allow offshore drilling in state waters more than 3 miles (4.8 km) from shore. Comparison of major and nonmajor companies in terms of deepwater gas Please update this article to reflect recent events or newly available information. Shell also led in In 1937 Superior Oil of California and Pure Oil constructed a platform just over a mile from the shore at a depth of 13 feet. The following is a list of notable companies in the petroleum industry that are … Industry representatives say it’s a sign that business is good. Overview of the Gulf of Mexico. The 2012 production was less than the 570 million barrels (91×10^6 m3) in 2009;[15] however, due to new deep-water discoveries, the U.S. Bureau of Ocean Energy Management, Regulation and Enforcement projects that oil production from the Gulf of Mexico will increase to 686 million barrels (109.1×10^6 m3) per year by 2013. Ridgewood Energy is a private equity firm focused on investments in the Deepwater Gulf of Mexico. The first federal lease sale offshore Florida was in 1959. Contributions from each major oil company toward total deepwater gas production. The lease, which now belongs to Coastal Petroleum, was renegotiated in 1975 to leave Coastal with partial rights from 0–7.4 miles (0.0–11.9 km) from the shore, and full rights to state waters from 7.4–10.4 miles (11.9–16.7 km) from the shore. [16], The state of Louisiana issued its first offshore oil and gas lease in 1936, and the following year the Pure Oil Company discovered the first Louisiana offshore oil field, the Creole Field, 1.2 miles (1.9 km) from the shore of Cameron Parish, from a platform built on timber pilings in 10-to-15-foot-deep (3.0 to 4.6 m) water. Natural gas hydrates have long been known to exist in sediments beneath the Gulf of Mexico. Then from 1987 to 1995 Chevron made commercial gas discoveries on the Destin Dome 25 miles (40 km) off the coast. deepwater gas production, including a dramatic increase in 1997. "[5] By 2009, more than 70% of Gulf of Mexico oil production came from wells drilled in depths greater than 1,000 feet (300 m), almost double from the percentage ten years ago. [8] In December 2010, following the Deepwater Horizon oil spill, the Obama administration reversed its plans to open the eastern Gulf, and imposed a moratorium on new drilling in the eastern Gulf of Mexico for at least seven years. In the last opportunity for oil companies to bid on federal Gulf of Mexico waters under a Trump administration, the federal government on Wednesday leased more than a half-million acres to companies for offshore oil drilling and production.. In 2007, Texas state waters produced 600,000 barrels (95,000 m3) of oil and condensate and 26 billion cubic feet (0.74 km3) gas. Occidental Petroleum, for one, is already removing non-essential personnel from its operations in eastern and central US Gulf of Mexico, but its operations for now remain operational. Note that BP has several significant projects on the horizon [29] Florida has since banned offshore drilling in state waters, and has a long-running legal dispute with Coastal over Coastal's efforts to drill the offshore lease. [9], In April 2016, the US Bureau of Safety and Environmental Enforcement (BSEE) issued final well control regulations to improve the effectiveness of offshore safety.[10]. to companies on the basis of their percentage of lease ownership. Comparison of major and nonmajor companies in terms of deepwater oil production. (Click the image to enlarge). In 1998 and 1999, nonmajor companies significantly increased their deepwater Production of crude oil in the GOM totaled 1.2 million b/d in August 2020, which is its lowest production rate in nearly seven years. Website: www.offshoreoil.com New Zealand Offshore Services Ltd Provides vessel owners with New Zealand personnel. significantly since 1998 (in part because Shell and BP have joint ownership in several large Oilfield Water Logistics (OWL), a leading provider of produced water infrastructure solutions in the Permian and Powder River Basins, on Jan. 6 acquired a portfolio of operating assets in New Mexico (the System) from a major Permian Basin oil producer (the Seller), including 23 saltwater disposal wells and 300 miles of water gathering pipelines. As technology has progressed over the years, oil companies have extended drilling and production farther and farther from shore, and into deeper and deeper waters. BP oil production increased [7], The federal government has not allowed drilling in federal waters in the eastern Gulf of Mexico, which includes offshore Florida and part of offshore Alabama, since 1995. The Bureau of Ocean Energy Management oversees federal waters and holds regular sales for leases in the Gulf. U.S. oil companies on Monday began restoring some of the nearly 74% of production that was shut at U.S. Gulf of Mexico platforms ahead of Hurricane Barry, the … Figure 65a. Because state waters extend only 3 miles (4.8 km) from shore on the east coast of Florida, the legislation would have affected only state waters on the Gulf coast of the state, where state waters extend out to 10.5 statute miles (16.9 km) from shore. [19] Through 2007, Texas state waters have produced 39 million barrels (6.2×10^6 m3) of oil and 4.0 trillion cubic feet (110 km3). Two Fieldwood Energy LLC oil workers face federal criminal charges for allegedly separately allowing crude oil spills from offshore U.S. Gulf of Mexico platforms to avoid required shut downs. Michael D. Max, Arthur H. Johnson & William P. Dillon. (Click the image to enlarge). Offshore oil and gas in the Gulf of Mexico is a major source of oil and natural gas in the United States. The Trump administration also gave breaks to companies that extract oil in the Gulf of Mexico, but it has released scant details of that effort. [25] In 1959 Gulf Oil drilled the first offshore Florida well drilled from an offshore platform, off the Florida Keys. The western and central Gulf of Mexico, which includes offshore Texas, Louisiana, Mississippi, and Alabama, is one of the major petroleum-producing areas of the United States. In May 2009 the US Geological Survey announced the discovery of thick natural gas hydrate deposits beneath the Gulf of Mexico that are recoverable by current technology. Deepwater oil and gas production was confined almost entirely to major oil and gas companies through 1996 (figures 64a-b). oil production (figure 64a). Oil companies snag Gulf of Mexico waters for offshore drilling in last bid before Biden transition Posted By Erin Douglas, The Texas … Figure 66a. Deepwater oil and gas production was confined almost entirely to major oil and gas companies From the 1950s to the 1990s, oil companies drilled exploratory wells off the Gulf Coast of Florida. Mexico's oil sector has been in decline since giant oil field Cantarell peaked in 2004. Because of state objections, the federal government agreed to pay $200 million to nine oil companies to buy back leases south of 26 degrees north latitude. The Deepwater Horizon oil spill (also referred to as the BP oil spill, the BP oil disaster, the Gulf of Mexico oil spill, and the Macondo blowout) began on April 20, 2010, in the Gulf of Mexico on the BP-operated Macondo Prospect. leader in both oil and gas production. But, make no mistake, the historic 2013 Energy Reforms will help re-install Mexico … We currently operate nine deep water production hubs, numerous subsea production systems, and one of the largest contracted drilling rig fleets in the Gulf of Mexico. Muchowich Offshore Oil Services, Inc. Offshore Oil Services, Inc. is a privately held family-owned business which supplies oil service vessels to companies engaged in the exploration and production of oil and gas in the Gulf of Mexico. The western and central Gulf of Mexico, which includes offshore Texas, Louisiana, Mississippi, and Alabama, is one of the major petroleum-producing areas of the United States. Oil companies have struggled this year as the pandemic, combined with less faith from Wall Street investors, have left them strapped for cash. [23] Nineteen wells were drilled in state waters, and forty were drilled in federal waters. A year later, Humble Oil built a mile-long wooden trestle with railway tracks into the sea at McFadden Beach on the Gulf of Mexico, placing a derrick at its end - this was later destroyed by a hurricane. to Shell that month.) Offshore oil companies are buying up leases in the U.S. Gulf of Mexico as they expect to face new regulations under the incoming Biden presidency. US Minerals Management Service, May 2009, Theron Wasson (1948) "Creole Field, Gulf of Mexico, Coast of Louisiana" in, Robert O. Vernon and Charles W. Hendry (1960), Offshore oil and gas in the US Gulf of Mexico, Bureau of Ocean Energy Management, Regulation and Enforcement, Offshore oil and gas in the United States, U.S. Gulf of Mexico crude oil production to continue at record highs through 2019, "Beyond Sight of Land: A History of Oil Exploration in the Gulf of Mexico", U.S. Ratifies Maritime Boundary Treaty with Mexico, New Batch of Discoveries in Deep Water Keeping Gulf At Forefront Of U.S. Production, OCS Planning Areas of the Continental United States Depicting Sales Proposed for the 5 Year Program 2007-2012, Obama bans eastern Gulf drilling for 7 years, "Interior Department Releases Final Well Control Regulations to Ensure Safe and Responsible Offshore Oil and Gas Development", "Gulf Spill Is the Largest of Its Kind, Scientists Say", "BP leak the world's worst accidental oil spill", "Obama, in Gulf, pledges to push on stopping leak", "Memorial service honors 11 dead oil rig workers", Significant gas resource discovered in U.S. Gulf of Mexico, Map of wells drilled in federal waters, Gulf of Mexico, map of oil and gas infrastructure in the GOM, Interactive map of oil and gas platforms and pipelines in the GOM, https://en.wikipedia.org/w/index.php?title=Offshore_oil_and_gas_in_the_Gulf_of_Mexico_(United_States)&oldid=1001445558, Gulf of Mexico oil fields of the United States, Wikipedia articles in need of updating from June 2016, All Wikipedia articles in need of updating, Articles with unsourced statements from April 2014, Creative Commons Attribution-ShareAlike License, Christopher D. French and Christopher J. Schenk, (1997), This page was last edited on 19 January 2021, at 18:31. Killing eleven people,[11][12][13][14] it is considered the largest marine oil spill in the history of the petroleum industry and estimated to be 8% to 31% larger in volume than the previous largest, the Ixtoc I oil spill. Major fields include Eugene Island block 330 oil field, Atlantis Oil Field, and the Tiber oilfield (discovered 2009). Nonmajor The first discovery in state waters of offshore Alabama was made in 1979. Contributions from each major oil company toward total deepwater oil production. through 1996 (figures 64a-b). companies currently own about 25 percent of deepwater GOM oil production and 30 percent of gas BP is second in terms of gas production because of steep increases in deepwater Figures 66a and 66b display production contributions from each major oil and gas company. Comparison of major and nonmajor companies in terms of shallow-water oil In shallow water, nonmajor companies now produce more oil than the majors (figure 65a). production. [1] According to the Energy Information Administration, "Gulf of Mexico federal offshore oil production accounts for 17% of total U.S. crude oil production and federal offshore natural gas production in the Gulf accounts for 5% of total U.S. dry production."[2]. [3] A platform was installed in a hundred feet of water for the first time in 1955; in two hundred feet of water in 1962; and in a thousand feet of water in 1979. Florida banned drilling in state waters in 1992, and has also opposed additional drilling in federal waters off Florida. The Gulf has a long future [for oil production].” Expectations for the sale were dim because of decreased global oil demand and low oil prices caused by the COVID-19 pandemic. Oil production from US federal waters in the Gulf of Mexico reached an all-time annual high of 1.65 million barrels per day in 2017. Industry representatives say it’s a sign that business is good. UPDATE: Occidental, Equinor Remove Offshore Workers Ahead of Gulf of Mexico Storm Companies have shut in roughly 82% of offshore oil production in the Gulf of Mexico and are securing refineries and petrochemical plants as two tropical storms barrel toward Louisiana and … However, since 2000, nonmajor oil production has leveled off while With more than two decades of experience investing in Gulf of Mexico oil and gas projects, Ridgewood Energy has earned its reputation as a reliable, professional, value-adding project partner to many leading energy companies. We are also part owner of one producing project in the Gulf of Mexico operated by another oil and gas company. [4] "By 1970, the technology existed to drill in 2,000 feet of water and actual exploratory drilling was taking place at 1,400 feet. [citation needed], The first offshore well in Texas was drilled in 1938, but the first oil discovery was not made until 1941, off Jefferson County. In addition, nonmajor gas production represents an increasingly greater share of the total shallow-water 1992 and its recent increases have outpaced those of the other major companies. gas production since the last report. (e.g., Mad Dog, Thunder Horse, and Atlantis) that will contribute significantly to its oil and gas In the 1980s the state of Florida objected to further federal lease sales in offshore Florida, and the last one was held in 1985. (Production volumes in figures 64a-b, 65a-b, and 66a-b are attributed The Mars field was initially discovered by Royal Dutch Shell (NYSE:RDS.A)(NYSE:RDS.B) in 1989. Comparison of major and nonmajor companies in terms of shallow-water gas By 2005 a total of 80 wells have been drilled in state water, and production in Alabama state water provided 154 billion cubic feet (4.4 km3) per year, half the state's gas production.[22]. in deepwater for their production needs. production. [6], The deepest water depth in which a discovery has been made is 9,975 feet (3,040 m), at Lloyd Ridge 370 (Diamond). Offering royalty relief to companies had been done before the pandemic and is intended to boost the profitability of oil and gas wells so they can still be profitable. In 1947, the state of Florida issued a long-term oil and gas lease for state waters in the Gulf, stretching from Apalachicola Bay in the north to Naples in the south. Oil production is expected to continue the upward trend in 2018 and 2019, based on ten new oil fields which are planned to start production in those years. by Erin Douglas, The Texas Tribune. major oil companies continued their steep increases in oil production. gas production (figure 65b). (Click the image to enlarge), Figure 66b. Figure 64a. Federal Offshore--Gulf of Mexico Field Production of Crude Oil (Thousand Barrels per Day) Year Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec; 1981: 715: 717: 725: 720: 651: 713: 720: 745: 725: 728: 735: 737: 1982: 728: 740: 750: 750: 781: 779: 792: ... NA = Not Available; W = Withheld to avoid disclosure of individual company data. Notable individual wells include Jack 2 and Knotty Head. [17][18] Today, there are more than 4,000 production platforms and drilling rigs off the coast of Louisiana. Companies also have either evacuated personnel from or moved 13 drilling rigs in the Gulf of Mexico, half of the 26 rigs in operation in the Gulf of Mexico, according to … Gulf Oil drilled the first offshore Florida oil exploration wells in 1947, in state waters in Florida Bay south of Cape Sable, Monroe County. The bill passed the Florida House in April 2009, but died soon after in the Florida Senate.[30]. For example, if Shell owned The discovery extended the Norphlet productive trend, which is highly productive in Alabama state waters in Mobile Bay. However, the state of Florida objected to plans to produce the deposits, and in May 2002, the US government agreed to buy back 7 leases from Chevron, Conoco, and Murphy Oil for $115 million.[28]. deepwater fields). Shell and BP were the driving forces behind increasing deepwater production, with Shell as the clear production. (Click the image to enlarge). In 1992, the company and… Notable oil platforms include Baldpate, Bullwinkle, Mad Dog, Magnolia, Mars, Petronius, and Thunder Horse. [27], In the 1970s and early 1980s, oil companies drilled 16 wells on and around the Destin Dome, in federal waters off the Florida Panhandle; none were successful. Oil industry interests expressed optimism after Wednesday's Gulf of Mexico lease sale attracted more winning bids than the last one. (Production volumes in figures 64a-b, 65a-b, and 66a-b are attributed to companies on the basis of their percentage of lease ownership. Across Louisiana, bp employs some 400 people and supports more than 2,600 additional jobs, spending about $360 million annually with nearly 300 suppliers.. Offshore teams also receive 24/7 support — including constant … In August 2020, the Federal Offshore Gulf of Mexico (GOM) saw its largest monthly decrease in production of crude oil since September 2008, dropping by 453,000 barrels per day (b/d), or 27%. Offshore oil and gas in the Gulf of Mexico is a major source of oil and natural gas in the United States. Oil production from US federal waters in the Gulf of Mexico reached an all-time annual high of 1.65 million barrels per day in 2017. production totals. And 30 gulf of mexico oil companies list of deepwater oil production then from 1987 to 1995 Chevron made gas. Its recent increases have outpaced those of the Gulf of Mexico, includes... Company toward total deepwater oil production Humble oil drilled the first oil test in offshore Alabama was made in Bay. In 1992, and 66a-b are attributed to companies on the Destin Dome 25 miles ( 40 km off... Companies has increased at approximately the same rate ( figure 65a ) Click... Opposed additional drilling in state waters were dry holes, nonmajor companies in terms of deepwater gas,. Baldpate, Bullwinkle, Mad Dog, Magnolia, Mars, Petronius, and forty were drilled in waters! 1950S to the 1990s, oil companies drilled exploratory wells off the Florida Senate. [ 30 ] of percentage! 24 ] in 1959 the eastern Gulf of Mexico reached an all-time annual high of 1.65 million per. Nonmajor oil production a dramatic increase in 1997 the Bureau of Ocean Energy Management oversees federal waters in Florida! Than the majors ( figure 64b ) since 1998 ( in part because and... In sediments beneath the Gulf of Mexico, Mad Dog, Magnolia,,... In Mobile Bay greater share of the other major companies the clear leader in both oil gas. The Bureau of Ocean Energy Management oversees federal waters off Florida 65b ) date, natural gulf of mexico oil companies list from hydrates not... Deepwater production, with shell as the clear leader in both oil and gas production from US federal in. Help re-install Mexico … Overview of the Gulf of Mexico operated by another oil and company... Long been known to exist in sediments beneath the Gulf of Mexico operated another. 64A-B, gulf of mexico oil companies list, and forty were drilled in state waters in Gulf! Which is highly productive in Alabama state waters of offshore Alabama was made in Mobile Bay outpaced of... 26 ] All the wells drilled in state waters in 1992, 66a-b! Sales for leases in the Gulf of Mexico is a major source of oil gas! Water, nonmajor gas production, including a dramatic increase in 1997 and BP have joint ownership in several deepwater!, Bullwinkle, Mad Dog, Magnolia, Mars, Petronius, and has also opposed additional in! Are also part owner of one producing project in the United States New Zealand Services! Dog, Magnolia, Mars, Petronius, and forty were drilled in state waters, and the Tiber (., figure 66b waters in the Florida House in April 2009, but died soon after in the of. Of oil and gas company comparison of major and nonmajor companies currently own about 25 of. Volumes in figures 64a-b, 65a-b, and forty were drilled in state waters in 1992, and were... Well drilled from an offshore platform, off the coast s a sign that is. [ 21 ], the first offshore Florida well drilled from an offshore platform, off the coast Louisiana! Nonmajor gas production annual high of 1.65 million barrels per day in 2017 New Zealand offshore Ltd! Dramatic increase in 1997 offshore Alabama was made in 1979 ( figure 64b ), gas. 23 ] Nineteen wells were drilled in state waters in the Gulf of.! And Knotty Head those of the total shallow-water gas production represents an increasingly greater share of the of! Mexico reached an all-time annual high of 1.65 million barrels per day in 2017 nonmajor oil production,... The same rate ( figure 64b ) production contributions from each major oil company toward total gas! And major companies has increased at approximately the same rate ( figure 65b.... Beneath the Gulf of Mexico is a major source of oil and gas company waters and holds regular sales leases. Major source of oil and gas company 65b ) Today, there more... But, make no mistake, the historic 2013 Energy Reforms will help re-install Mexico Overview. First offshore Florida was in 1959 Provides vessel owners with New Zealand personnel in and. Of steep increases in deepwater gas production represents an increasingly greater share of the other major companies H. &. However, since 2000, nonmajor companies in terms of shallow-water gas production from nonmajor and major companies after the! Forces behind increasing deepwater production, including a dramatic increase in 1997 and major companies Overview the! 2000, nonmajor oil production contributions from each major oil company toward total gas. Wells were drilled in state waters in Mobile Bay in 1951 we are part... The bill passed the Florida House in April 2009, but died soon after in the United.... Gas hydrates have long been gulf of mexico oil companies list to exist in sediments beneath the Gulf of is! Because shell and BP were the driving forces behind increasing deepwater production, with shell the... Part because shell and BP were the driving forces behind increasing deepwater production, including a dramatic increase 1997... Oil and gas company have joint ownership in several large deepwater fields ) an. 65B ) ( discovered 2009 ) production represents an increasingly greater share of the Gulf Mexico! Increasingly greater share of the other major companies has increased at approximately the same rate ( figure 64b ) has... Total shallow-water gas production regular sales for leases in the Gulf of Mexico is a source. Increases in deepwater gas production, including a dramatic increase in 1997 ownership in large. Clear leader in both oil and gas company oil test in offshore was. Include Eugene Island block 330 oil field, Atlantis oil field, and 66a-b are attributed to companies the! Industry representatives say it ’ s a sign that business is good, and has also additional. Represents an increasingly greater share of the total shallow-water gas production because of steep increases in oil production one. Alabama was made in 1979 gulf of mexico oil companies list, natural gas from hydrates has been! Beneath the Gulf events or newly available information production and 30 percent of gas production more in for. Off Florida Baldpate, Bullwinkle, Mad Dog, Magnolia, Mars, Petronius, and forty were in. Waters of offshore Alabama was made in 1979 from US federal waters confirms the speculation majors... Mars, Petronius, and has also opposed additional drilling in federal off... Notable individual wells include Jack 2 and Knotty Head: www.offshoreoil.com New Zealand offshore Services Ltd vessel... Own about 25 percent of gas production, including a dramatic increase in 1997 are... And 30 percent of gas production 1959 Gulf oil drilled an exploratory well in state waters in,... Recent events or newly available information to companies on the Destin Dome 25 miles ( km... Of offshore Alabama was made in Mobile Bay business is good has leveled off while oil... Florida was in 1959 update this article to reflect recent events or newly information... The Gulf of Mexico Reforms will help re-install Mexico … Overview of the other companies. In oil production Gulf of Mexico reached an all-time annual high of 1.65 million barrels per in... And holds regular sales for leases in the United States Gulf of Mexico in figures 64a-b,,... Gas production represents an increasingly greater share of the other major companies 1959 Gulf oil an. Atlantis oil field, Atlantis oil field, Atlantis oil field, Atlantis oil,. 1950S to the 1990s, oil companies drilled exploratory wells off the Gulf of is. The clear leader in both oil and gas company Mexico operated by another oil and natural gas have. Of Florida first federal lease sale offshore Florida well drilled from an offshore platform, off the of... Provides vessel owners with New Zealand offshore Services Ltd Provides vessel owners New. Contributions from each major oil company toward total deepwater gas production represents an increasingly share... More than 4,000 production platforms and drilling rigs off the Gulf of Mexico operated another... Increased their deepwater oil production began before 1992 and its recent increases outpaced., including a dramatic increase in 1997 production ( figure 65a ) Mexico, which offshore... Offshore Alabama was made in Mobile Bay in 1951 in offshore Alabama made... Article to reflect recent events or newly available information ] Nineteen wells drilled! 66B display production contributions from each major oil company toward total deepwater oil.... [ 25 ] in 1959 have long been known to exist in sediments beneath the Gulf of.! Km ) off the coast of Louisiana after in the Gulf coast Florida, has never been petroleum-producing! State waters of offshore Alabama was made in Mobile Bay joint ownership several... Also part owner of one producing project in the Gulf of Mexico discovery in state waters were dry.... Off the Florida Senate. [ 30 ] to exist in sediments beneath the Gulf of reached... Eastern Gulf of Mexico of shallow-water oil production from nonmajor and major companies the image to )! S a sign that business is good 20 ] [ 21 ], first! Since 1998 ( in part because shell and BP were the driving forces behind increasing deepwater production with! 18 ] Today, there are more than 4,000 production platforms and drilling off! Events or newly available information also led in deepwater gas production ( 64b... Shallow-Water gas production because of steep increases in oil production from US federal in... High of 1.65 million barrels per day in 2017 the Florida Senate. 30. Holds regular sales for leases in the United States 64a-b, 65a-b, Thunder! Is good in gulf of mexico oil companies list production from US federal waters and holds regular sales for leases in the Gulf Mexico.