Kerr-McGee hedges deepwater GOM strength with broader global portfolio, onshore US gas acquisition

The Neptune spar in the Gulf of Mexico, operated by Kerr-McGee Corp., is the world's first production spar. Photo courtesy of Kerr-McGee.Click here to enlarge imageKerr-McGee Corp. continues to broaden its offshore exploration and production portfolio around the world while it consolidates its deepwater Gulf of Mexico base. Since 1947, the Oklahoma City-based company has sought to set the pace for exploration in the Gulf of Mexico. Kerr-McGee was the first company to drill a well out of sight of land, on Ship Shoal Block 32 in the gulf in November 1947.Today, the deepwater gulf remains Kerr-McGee's core area of exploration, and the company ranks as the top US-based independent l...

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