After the Macondo blowout (also known as the Deepwater Horizon oil spill), offshore drilling was severely set back in the Gulf of Mexico, with the number of rigs operating in the area plummeting. But it looks as though the industry is finally rebounding in the area, and in a big way. In this video, Motley Fool energy analyst Taylor Muckerman tells us which companies to watch in the region, as the number of rigs operating in the Gulf of Mexico ramps back up.
Joel South has no positions in the stocks mentioned above. Taylor Muckerman has no positions in the stocks mentioned above. The Motley Fool owns shares of Transocean. Motley Fool newsletter services recommend Chevron. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.