Abstract
Finding and exploiting oil and gas resources in the ultra-deepwater areas of the Gulf of Mexico is occurring at an accelerated pace. New discoveries have recently been made in a large geological structure known as the Lower Tertiary Wilcox Trend that is located in the U.S.-Mexico Maritime Boundary Region. However, due to the transboundary characteristics of many of these hydrocarbons, some form of bi-national cooperation is necessary to effectively manage the shared resources, protect the oceanic environment and comply with evolving norms of international law before commercial production can begin. Well-established international customary norms prohibit unilateral exploitation of transboundary oil and gas resources. Consequently, it is important for the two nations to address these issues today rather than putting them off until they become a critical political problem in their bilateral relations.
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