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

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Exxon Mobil Corporation is commencing development of the ultra-deepwater Julia oil field in the Gulf of Mexico. ExxonMobil, the operator, and Statoil Gulf of Mexico LLC each hold a 50% interest in the Julia unit. Capital cost for the project, which is expected to begin oil production in 2016, is estimated to be more than $4 billion.

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Honda starts construction of new CVT plant in Mexico

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Honda de Mexico, S.A. In addition to supporting HDM auto production, the plant will provide transmissions to Honda auto plants outside Mexico. Two years later, Honda de Mexico started motorcycle import sales and, in March 1988, began production of motorcycle products and automobile service parts in El Salto, Jalisco.

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Shell Announces Significant new Discovery in Deepwater Gulf of Mexico

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Shell announced a “significant” new oil discovery in the deepwater eastern Gulf of Mexico, adding to discoveries in the area from 2009. Shell sites in the Gulf of Mexico. Shell made an initial discovery in the deepwater eastern Gulf of Mexico in 2003 with the Shiloh discovery (Shell 80%, Nexen 20%). Click to enlarge.

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BP Announces Giant Oil Discovery in the Deepwater Gulf of Mexico

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BP announced a giant oil discovery at its Tiber Prospect in the deepwater Gulf of Mexico (GOM). Tiber represents BP’s second material discovery in the emerging Lower Tertiary play in the Gulf of Mexico, following our earlier Kaskida discovery. BP has a leading acreage position in the emerging Lower Tertiary area of the Gulf of Mexico.

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BOEM announces proposed Central Gulf of Mexico oil and gas lease sale; nearly 38 million acres available

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The US Department of the Interior’s (DOI) Bureau of Ocean Energy Management (BOEM) will hold the consolidated Central Gulf of Mexico Lease Sale 216/222 in New Orleans on 20 June 202012. Lease Sale 216/222 is the last remaining sale scheduled in the 2007 – 2012 Outer Continental Shelf Oil and Natural Gas Leasing Program.

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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

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BP announced today the drilling of a successful appraisal well in a previously untested northern segment of the Mad Dog field in the deepwater US Gulf of Mexico. BP is one of the largest producers of oil and gas in the US Gulf of Mexico with net production of more than 250,000 boed. in about 4,500 feet (1,371 meters) of water.

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USBR cuts 613,000 acre-feet of water from Colorado River users; Lake Mead to operate in Shortage Condition 1 for 1st time

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Mexico: 80,000 acre-feet, which is approximately 5% of the country’s annual allotment. Nevada: 21,000 acre-feet, which is 7% of the state’s annual apportionment.

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