CVX has set a goal to reach 300,000 net barrels of oil equivalent per day in the U.S. Gulf of Mexico by 2026. The Whale platform is expected to play a crucial role in helping the company meet that ...

Helix Energy Solutions Group Inc., Houston, said its Energy Resource Technology GOM subsidiary made a deepwater Gulf of Mexico oil discovery in Green Canyon Block 490 and made ...

The Miocene-aged field was discovered over three years ago in the Green Canyon area of the Gulf of Mexico. Drilling encountered about 26 meters (85.3 feet) of net oil pay, Kosmos said at the time.

The Bureau of Ocean Energy Management on Friday released the final details of the next U.S. oil and gas lease sale in the Gulf of Mexico, set for the end of March. The sale will offer up roughly ...

April 13 (UPI) --British energy company BP said Thursday it started producing oil from a deepwater field in the Gulf of Mexico, part of a strategy to pull nearly a half million barrels per day ...

CVX and Shell begin oil production at the Whale project in the Gulf of Mexico, focusing on sustainability and efficiency while unlocking deepwater resources with advanced technology.