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Oil and gas exploration and development companies locate and extract crude oil and natural gas from a variety of locations around the world. In the United States, some of the most important producing basins include the Outer Continental Shelf of the Gulf of Mexico, the Anadarko Basin of Oklahoma, the Permian Basin of West Texas and New Mexico, the Texas-Louisiana Gulf Coast and East Texas. In Canada, oil and gas exploration and development is active in British Columbia, Alberta, Saskatchewan and the Northwest Territories. Oil and gas exploration and development operations also exist in Australia's offshore Carnarvon, Perth and Gippsland basins, the Persian Gulf, the United Kingdom sector of the North Sea, China and Argentina.
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