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    • Abstract:
      The article reports on offshore drilling and global hydrocarbons. Perdido Development, one of the larges offshore oil-and-gas drilling companies, is based in the Gulf of Mexico. It is 200 miles from shore in water 7,500 feet deep with Shell as its lead operator. 1.3 barrels of oil, which amounts to a fourth of the oil in the U.S., comes from the Gulf.