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US drilled but uncompleted wells under threat from oil price collapse...

In the wake of one of history’s largest oil price declines in a single day, a Rystad Energy impact analysis shows that US drilled...

Gulf of Mexico trails Guyana for most prospective offshore region

US oil major ExxonMobil’s record 14 discoveries in Guyana which amount to more than 6 billion barrels of oil resource has placed the small...

Hess strikes oil in deepwater Gulf of Mexico

Hess Corporation (NYSE:HES), a 30 percent co-venturer in Guyana’s Stabroek Block, on Tuesday announced an oil discovery at the Esox-1 exploration well located in Mississippi...

Chevron farms into Shell’s Mexico deepwater blocks

US supermajor Chevron said on Friday it signed an agreement with Royal Dutch Shell to buy a 40% stake in three deepwater blocks on...

Oil Workers Evacuate GOM Rigs as Storm Strengthens

(Bloomberg) -- Oil and natural gas producers in the U.S. Gulf of Mexico began evacuating workers and shutting in output as a storm gathers...

Kosmos strikes oil at Gladden Deep

Kosmos Energy (NYSE: KOS) (LSE: KOS) announced on Tuesday an oil discovery at Gladden Deep in the US Gulf of Mexico (GOM) where the company...

US Gulf of Mexico oil production on track to set new...

Oil production in the US Gulf of Mexico (GoM) is poised to set new records in the imminent future, according to Rystad Energy. Thanks to...

Exxon explores selling U.S. Gulf of Mexico assets

(Reuters) - Exxon Mobil Corp is exploring the sale of many of its U.S. Gulf of Mexico assets, as higher oil prices prompt the world's...

Anadarko halts GoM operations ahead of ‘Gordon’

US oil company Anadarko said on Monday that it has evacuated workers and shut down production on two oil platforms in the northern Gulf...

U.S. oil prices rise as Gulf oil rigs evacuated ahead of...

(Reuters) - U.S. oil prices rose on Tuesday, breaking past $70 per barrel, after two Gulf of Mexico oil platforms were evacuated in preparation...