Joint Ventures / Partnerships
Energy XXI operates some of the largest oil fields on the Gulf of Mexico shelf. To complement our core development efforts, we are ramping an exploration program to grow reserves organically. Within the exploration program, the company works with some of the best operators in the world including ExxonMobil, Chevron, Apache, and Freeport-McMoran.
The company’s current joint venture partnership with ExxonMobil and Apache are targeting sub-salt plays around salt domes on the shelf. With Chevron and Freeport-McMoran, the company is targeting the shallow-water ultra-deep play.