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Exxon Mobil beginning development of ultra-deepwater Julia oil field in Gulf of Mexico

Green Car Congress

Exxon Mobil Corporation is commencing development of the ultra-deepwater Julia oil field in the Gulf of Mexico. The field was discovered in 2007 under 7,087 feet (2,160 meters) of water and is now estimated to have nearly six billion barrels of resource in place, according to Exxon Mobil.

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BP announces significant resource extension of Mad Dog Field in deepwater Gulf Of Mexico; total hydrocarbons estimated at up to 4B barrels of oil equivalent

Green Car Congress

interest, Chevron Corporation, through its subsidiary Union Oil Company of California, has a 15.6% Chevron Corporation announced the Moccasin discovery in the Lower Tertiary play on Keathley Canyon block 736. The prospect is operated by Chevron USA Inc., —Bob Dudley, BP group chief executive.

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