Advances in Oil and Gas Leasing, Drilling and Production Continue in Deepwater Gulf of Mexico.

Subsea World, May 11, 2008 - “With approximately 72 percent of the Gulf of Mexico’s oil production coming from wells drilled in 1,000 feet (305 meters) of water or greater, advancement into deepwater Gulf of Mexico (GOM) continues as offshore operators meet the challenges presented in exploring and developing this energy frontier.” Read more.