Exxon Spending Big Money in the Gulf of Mexico

Royal Dutch Shell (NYSE: RDS-A  ) just announced that it will drill the world's deepest well -- nearly two miles below the ocean's surface -- in the Gulf of Mexico. This sort of ambitious project is all that's left for the oil majors clamoring to boost production. In this video, Fool.com contributor Aimee Duffy looks at ExxonMobil (NYSE: XOM  ) and its similar quest to develop the technically challenging Julia oil field, also located in the Gulf.

If you're on the lookout for high-yielding stocks, The Motley Fool has compiled a special free report outlining our nine top dependable dividend-paying stocks. It's called "Secure Your Future With 9 Rock-Solid Dividend Stocks." You can access your copy today at no cost! Just click here.


Read/Post Comments (0) | Recommend This Article (2)

Comments from our Foolish Readers

Help us keep this a respectfully Foolish area! This is a place for our readers to discuss, debate, and learn more about the Foolish investing topic you read about above. Help us keep it clean and safe. If you believe a comment is abusive or otherwise violates our Fool's Rules, please report it via the Report this Comment Report this Comment icon found on every comment.

Be the first one to comment on this article.

DocumentId: 2423466, ~/Articles/ArticleHandler.aspx, 4/23/2014 8:18:28 AM

Report This Comment

Use this area to report a comment that you believe is in violation of the community guidelines. Our team will review the entry and take any appropriate action.

Sending report...


Advertisement