Noxal is a deep underwater oil field in the Mexican waters of the Gulf of Mexico that was once believed to contain up to 10 billion barrels (1.6 billion cubic metres) of crude oil. Further drilling has revealed a modest 245 billion cubic feet (6.9 billion cubic metres) a modest natural gas find. The region is still expected to contain 10 billion barrels (1.6 billion cubic metres) of oil and natural gas equivalent. The field lies 4,000 metres (13,000 ft) below the sea bottom, which is itself 930 metres (3,050 ft) below sea surface, about 100 kilometres (62 mi) off the coast of Veracruz state.
Famous quotes containing the words oil and/or field:
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—Margaret Anderson (1886–1973)
“Whether in the field of health, education or welfare, I have put my emphasis on preventive rather than curative programs and tried to influence our elaborate, costly and ill- co-ordinated welfare organizations in that direction. Unfortunately the momentum of social work is still directed toward compensating the victims of our society for its injustices rather than eliminating those injustices.”
—Agnes E. Meyer (1887–1970)