A massive Gulf of Mexico oil spill mystified experts. Years later, a Houston oil company faces record fines

A Houston company faces a record $9.6 million in federal fines for its role in a major oil spill that mystified experts and ...
Rigzone

What makes the Gulf of Mexico critical for U.S. oil output?

The U.S. Gulf of Mexico (GoM) delivers a large, stable, medium-sour to light-sweet offshore crude slate that anchors U.S. supply, averaging roughly 1.9–2.0 million b/d (estimated 2023–2024), or about ...

Record $9.6 million fine for Third Coast after substantial oil spill in the Gulf of Mexico

Pipeline safety regulators have imposed their largest fine ever on the company responsible for leaking 1.1 million gallons of ...
Houston Chronicle

First of 30 oil lease sales planned for Gulf of Mexico draws $300 million from companies

WASHINGTON (AP) — Oil companies offered $300 million for drilling rights in the Gulf of Mexico on Wednesday in the first of 30 sales planned for the region under Republican efforts to ramp up U.S.

U.S. Holds Gulf Of Mexico Oil And Gas Auction

The U.S. government is offering 81.2 million acres in the Gulf of Mexico at a royalty rate of 12.5%, the lowest permitted by Trump's new tax law. Previously, oil companies were required to pay a ...
AOL

U.S. oil output rose to record high in September

(The Center Square) – U.S. oil production rose by 44,000 barrels per day to a record 13.84 million barrels per day in September, driven by a sharp increase in New Mexico and Alaska.The 0.3% rise ...