Gulf of Mexico south of Port Fourchon, Louisiana, according to the U.S. Bureau of Safety and Environmental Enforcement. US Gulf of Mexico Protraction areas Gulf of Mexico The Gulf of Mexico () is an ocean basin and a marginal sea of the Atlantic Ocean, largely surrounded by the North American continent. It is bounded on the northeast, north and northwest by the Gulf Coast of the United States, on the southwest and south by Mexico, and on the southeast by Cuba. The U.S. states of Texas, Louisiana, Mississippi, Alabama, and Florida border the Gulf on the north, which are often referred to as
Offshore oil and gas in the Gulf of Mexico (United States) Gulf Coast Florida, has never been a petroleum-producing area. From the 1950s to the 1990s, oil companies drilled exploratory wells off the Gulf Coast of Florida. Nineteen wells were drilled in state waters, and forty were drilled in federal waters. Gulf Oil drilled the first offshore Florida oil exploration wells in 1947, in state waters in Florida Bay south of Cape Sable, Monroe County. In 1956 Humble Oil drilled an exploratory well in state waters of Pensacola Bay, Santa Rosa County. In 1959 Gulf Oil drilled the first offshore Florida well drilled from an offshore platform, off the Florida Keys.