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Gulf of Mexico exploration and the shifting of drilling rigs to Africa and Middle East that is crimping production of oil and gas in 2003-2006

07/05/2006

The shifting of rigs to other countries- which have better potential and are willing to pay higher day rates exceeding half a million dollars a day- is accelerating the decline in production in the Gulf of Mexico.

Grouped Articles

Mexico Moves to Overhaul Oil Industry

Wall Street Journal 08.13.2013

Oil Rigs Stage Exodus From Gulf of Mexico

Wall Street Journal 07.05.2006


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