Offshore oil and gas in the Gulf of Mexico (United States) from hydrates has not been produced from the Gulf of Mexico. Offshore oil and gas in the Gulf of Mexico (United States) Offshore oil and gas in the Gulf of Mexico is a major source of oil and natural gas in the United States. The western and central Gulf of Mexico, which includes offshore Texas, Louisiana, Mississippi, and Alabama, is one of the major petroleum-producing areas of the United States. Oil production from US federal waters in the Gulf of Mexico reached an all-time annual high of 1.65 million barrels per day in 2017. Oil production is expected to continue
Gulf of Mexico Foundation Paul Kelly, a former senior executive at Rowan Companies, an oil drilling firm. Other board members are executives from Shell Oil Company, ConocoPhillips, Transocean oil drilling firm, and legal, environmental and marketing firms. At least half of the 19 board of directors have ties to the offshore oil drilling industry. Gulf of Mexico Foundation partners include major oil companies and oil drilling firms, and others concerned for the environment. They include BP, Transocean, Marathon, ConocoPhillips, Shell Oil Company, Anadarko Petroleum Corporation, Rowan Companies and the Disney Worldwide Conservation Fund. The Foundation has a reported $2 million annual budget, and one-quarter