ATP Oil & Gas Corporation (NASDAQ:ATPG) recently participated in the drilling of two successful exploration wells in the deepwater Gulf of Mexico. The Gladden Prospect, located at Mississippi Canyon 800 in approximately 3,116' of water, found 80 feet of net oil pay.

By Tubb, Rita One of the most frustrating problems a Gulf of Mexico operator faces is the delay that can be experienced in bringing stranded natural gas fields in ultra deep water on stream. That won't be the case for long, however, given the solution Enterprise Products' Independence Hub provides.

HOUSTON, Aug.

HOUSTON, Aug. 1 /PRNewswire-FirstCall/ -- Spinnaker Exploration Company today announced second quarter financial and operating results. Outlined below are the highlights: * Second quarter earnings were $23.2 million, or $0.66 per diluted share.