WASHINGTON, June 2 (UPI) -- Exxon Mobil won the first three oil and gas leases for an area straddling the U.S.-Mexican border in the Gulf of Mexico, the U.S. Interior Department said.
Exxon gets access to nearly 1.5 million acres in the Gulf of Mexico. The U.S. Interior Department estimates the area, Alaminos Canyon, contains as much as 172 million barrels of oil and 304 billion cubic feet of natural gas.