gulf of mexico drilling

Offshore

Return to The Gulf: Oil Companies Scramble for Leases

NEW ORLEANS (Dow Jones)–The U.S. oil-and-gas industry took another step out from the shadows of the Deepwater Horizon disaster on Wednesday when federal

Offshore

Conoco Offers Highest Bid In Gulf of Mexico Lease Sale

  HOUSTON (Dow Jones)–ConocoPhillips’s (COP) $103.2 million offer for the Keathley Canyon Block 95 was the highest bid in the first U.S. Gulf

Offshore

BP is Back: Oil Giant Lands First Drilling Permit For US Gulf Post Spill

By Ryan Tracy And Angel Gonzalez, The Wall Street Journal WASHINGTON—BP PLC on Wednesday got permission to drill its first well in the Gulf of Mexico

Offshore

Hess Plans Development Of Tubular Bells GOM Project

Hess Corp. (NYSE:HES) is planning to proceed with the $2.3 billion development of a deepwater oil and gas project in the U.S. Gulf of Mexico, using a

News

Feds Give BP Approval for Deepwater Exploration Drilling in the Gulf of Mexico

By Tennille Tracy, Wall Street Journal BP PLC won approval from U.S. officials Friday to look for oil at new sites in the Gulf of Mexico, the firms’s

News

Diamond Offshore Drilling CEO: Permit Approvals in Gulf of Mexico are Accelerating, Expresses Optimism

HOUSTON -(Dow Jones)- The rate at which new deep-water permits are being approved under new rules in the U.S. Gulf of Mexico is improving, said Diamond

Offshore

U.S. Allows BP In First Gulf Lease Sale Since Deepwater Horizon Disaster

By Tennille Tracy, The Wall Street Journal WASHINGTON—The U.S. has decided to allow BP PLC to bid on new oil-drilling leases that go up for sale in the