Talos Energy has begun drilling a second well at its Katmai West field in the US Gulf of Mexico and is hoping the well will ...

The U.S. Gulf of Mexico rig count is the poster child for the ravaging effects of low oil and natural gas prices. Demand in the region has steadily declined since early 1998 and currently stands ...

A late-season hurricane in the Gulf of Mexico could slash U.S. oil production by 4 million barrels, according to researchers.

Transocean is surpassing milestones as the Gulf of Mexico is becoming more in demand. The progress could even lead to a multibillion-dollar merger. Transocean Ltd. (NYSE: RIG), which has its U.S ...

As of 10 a.m. ET Friday, Rafael was located in the Gulf of Mexico about 230 miles north/northeast from Progreso, Mexico, on the northern coast of the Yucatan peninsula, according to the latest update ...

Crewboats Inc. rents its boats to major commercial and independent oil companies to haul cargo and personnel to offshore drill rigs and platforms in the Gulf of Mexico. Throughout the 1980s oil ...

The bureau estimates that the shut-ins currently impact 304,418 b/d of oil production in the Gulf, or 17.4% of the region's total. About 131 mcf/d of gas production, or 7.04% of the regional total, is ...

Transocean was asked in its second-quarter conference call if the Conqueror was going to become a “spot rig bouncing around the Gulf of Mexico” or whether customers in the US Gulf were instead ...

Efforts were under way Sunday to contain and stop oil leaking from a BP well after a rig explosion in the Gulf of Mexico, the US Coast Guard said. Officials found oil was leaking Saturday from the ...

(NYSE:RIG), a major provider of offshore drilling services, has secured a new contract for its Deepwater Conqueror drillship in the U.S. Gulf of Mexico. The contract, with an undisclosed operator ...