BHP Sees Bright Spot in Gulf of Mexico, Divests Some Onshore Oil Assets

SUGAR LAND--July 20, 2017--Researched by Industrial Info Resources (Sugar Land, Texas)--BHP Billiton plc (NYSE:BHP) (Melbourne, Australia), the world's biggest mining company, this week reported a 13% decline in oil production for fiscal 2017, including a 26% drop from its U.S. onshore business. Industrial Info is tracking more than $22 billion in active projects involving BHP, including more than $12 billion in North America that reflect the waxing and waning fortunes within the company's mining and drilling businesses. Within this article: Details on BHP's highest-valued projects in North America, including a major potash-mining project in Canada and operated and non-operated assets in the U.S. areas of the Gulf of Mexico. Other companies featured: BP plc (NYSE:BP), Chevron Corporation (NYSE:CVX)