Gulf of Mexico 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 the "Third Coast", in comparison with the U.S. Atlantic and Pacific coasts. The Gulf of Mexico formed approximately 300 million years
Offshore oil and gas in the Gulf of Mexico (United States) deep-water discoveries, the U.S. Bureau of Ocean Energy Management, Regulation and Enforcement projects that oil production from the Gulf of Mexico will increase to per year by 2013. The state of Louisiana issued its first offshore oil and gas lease in 1936, and the following year the Pure Oil Company discovered the first Louisiana offshore oil field, the Creole Field, from the shore of Cameron Parish, from a platform built on timber pilings in water. Today, there are more than 4,000 production platforms and drilling rigs off the coast of Louisiana. The first offshore well in Texas was drilled in