Gulf Production Up, Exploration Activity Down

Gulf Production Up, Exploration Activity Down

AI Energy

Even though crude oil production in the Gulf of Mexico remains at a record pace, companies involved in exploration face tough times, according to an article in the June issue of Offshore Magazine. Crude oil production on federal leases in the Gulf set a record in April with 1.76 million…

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Alex Mills is the former President of the Texas Alliance of Energy Producers. The Alliance is the largest state oil and gas associations in the nation with more than 3,000 members in 305 cities and 28 states.

 

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