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) oil fields which are planned to start production in those years. According to the Energy Information Administration, "Gulf of Mexico federal offshore oil production accounts for 17% of total U.S. crude oil production and federal offshore natural gas production in the Gulf accounts for 5% of total U.S. dry production." Major fields include Eugene Island block 330 oil field, Atlantis Oil Field, and the Tiber oilfield (discovered 2009). Notable oil platforms include Baldpate, Bullwinkle, Mad Dog, Magnolia, Mars, Petronius, and Thunder Horse. Notable individual wells include Jack 2 and Knotty Head. As technology has progressed over the years, oil companies