Noxal oil field

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Noxal is a deep underwater oil field in the Mexican waters of the Gulf of Mexico that was once believed to contain up to 10 billion barrels of crude oil. However, further drilling has revealed only 245 bcf of natural gas and no real oil reserves. The field lies 4,000 m below the sea bottom, which is itself 930 m below sea surface, about 100 km off the coast of Veracruz state.

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