WASHINGTON, May 19 (UPI) -- Norwegian energy company Statoil received approval to explore for oil and natural gas in the deep waters off the Texas coast, U.S. regulators said.
The U.S. Bureau of Ocean Energy Management, Regulation and Enforcement awarded Statoil's plans for two wells in the Gulf of Mexico, the Platts news service reports. The two wells are located about 130 miles off the coast of Texas in more than 7,200 feet of water.