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By Paul Takahashi (Bloomberg) — A new wave of oil platforms is sweeping into the U.S. Gulf of Mexico as crude prices are riding historic levels and demand for barrels is higher than...
Even with new platforms coming online, Gulf oil production won't grow substantially in the coming years as mature fields decline, according to analysts.
(Bloomberg) -- Murphy Oil Corp. has begun producing oil from a new deepwater Gulf of Mexico project, months ahead of schedule.