A major oil discovery at the “Bandit” prospect off Louisiana could generate up to $460 million in royalties for coastal restoration starting in 2027 via federal sharing programs. The find by Occidental Petroleum and partners uses subsea technology to tie into existing infrastructure quickly.
A major oil discovery at the “Bandit” prospect off Louisiana could generate up to $460 million in royalties for coastal restoration starting in 2027 via federal sharing programs. The find by Occidental Petroleum and partners uses subsea technology to tie into existing infrastructure quickly.
Source: tampabay. Original: https://www.tampabay.com/news/environment/2026/04/14/florida-everglades-restoration-reservoir/
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