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Offshore drilling for oil and gas on the Atlantic coast of the United States took place from 1947 to the early 1980s. Oil companies drilled five wells in Atlantic Florida state waters and 51 exploratory wells on federal leases on the outer continental shelf of the Atlantic coast. None of the wells were completed as producing wells.
The Deepwater Horizon oil spill began on April 20, 2010 when an explosion struck the rig, it occurred in the Gulf of Mexico on the BP-operated Macondo Prospect.Killing eleven people, it is considered the largest marine oil spill in the history of the petroleum industry and sources estimated that between 134–206 million barrels of oil was released into the gulf.
About one-fifth of this amount — $26.1 billion — was generated by the oil and gas industry. According to the New Mexico Tax Research Institute, total state and local government spending in ...
In 2009 a bill that would have partially rescinded a ban on oil and gas leasing of Florida state waters failed in the Florida statehouse (see Offshore oil and gas in Florida). In 2018, New Jersey enacted a law to ban oil and gas drilling in state waters and prohibit any constructions of oil and gas drilling infrastructure and facilities ...
As New Mexico’s legislators prepare for the 2024 session, any number of data points continue to show just how significant an impact the oil and gas industry has in the state. New Mexico is ...
A sale of New Mexico public land for oil and gas drilling brought in about $22 million, mostly from the booming Permian Basin region in the southeast corner of the state.
The Straits of Florida The Florida straits, the J-shaped channel between southeastern Florida and the Bahamas, and the Florida Keys and Cuba.. The Straits of Florida, Florida Straits, or Florida Strait (Spanish: Estrecho de Florida) is a strait located south-southeast of the North American mainland, generally accepted to be between the Gulf of Mexico and the Atlantic Ocean, and between the ...
Oil and gas generated more than $15 billion in income for New Mexico in the last fiscal year, according to a state economic report presented to lawmakers during a recent meeting in Carlsbad ...