NEWS Gulf of Mexico operations bolster U.S. oil and gas production

01/22/1996
A.D. KoenSenior Editor-News Exploration and development in mature parts of the Gulf of Mexico have boosted the region's contribution to U.S. oil and gas output and laid the foundation for continuing growth. Oil and gas trends in the gulf-as well as the region's outlook-stand in stark contrast to activity and expectations in other U.S. producing regions. Offshore wells based on better technology in Louisiana, Texas, and Alabama state waters and in less than 600 ft of water on the federal Outer Continental Shelf (OCS) have accounted for most of the production gains during the 1990s. Activity on the OCS and in state water is expected to remain strong through 2000. But durin...
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