The formation of the Gulf of Mexico, an oceanic rift basin located between North America and the Yucatan Block, was preceded by the breakup of the Supercontinent Pangaea in the Late-Triassic, weakening the lithosphere. Rifting between the North and South American plates continued in the Early-Jurassic, approximately 160 million years ago, and formation of the Gulf of Mexico, including subsidence due to crustal thinning, was complete by 140 Ma. Stratigraphy of the basin, which can be split into several regions, includes sediments deposited from the Jurassic through the Holocene, currently totaling a thickness between 15 and 20 kilometers.
Tectonics
Pangaea
Beneath the sediments of the Gulf of Mexico basin, most of the pre-Triassic basement rocks are believed to be allochthonous thrust sheets sutured during the formation of Pangaea. However, it was during the break-up of the supercontinent that the foundation for the Gulf of Mexico sediments would be laid. Prior to the rifting which formed the Gulf of Mexico basin, extensional deformation in the Late-Triassic caused by the breakup up of Pangaea, and more specifically the rifting of the Atlantic Ocean, created basement graben formations which filled with terrestrial red bed sediments, and volcanic sediments from the eruption of the Central Atlantic Magmatic Plume. The plume erupted 60,000 cubic kilometers of flood basalts over ancestral North and South America, Africa and parts of Europe. In addition to the basalt flows, other important igneous rock types include diabases associated with the grabens and red beds, and overlapping, north-northwest trending dike swarms related to the tectonic volcanism of the breakup of Pangaea.
Early to mid-Jurassic
Separation of the North and South American Plates in the Early-Mid Jurassic beginning with the rotation of the Yucatan Block, along with changes in sea level and thermal activity from the active rift, created a shallow marine basin wherein thick Jurassic salts and evaporites could be deposited. These evaporites overlay a thick transitional crust, the local basement rock prior to rifting, and deposition of salts continued over the forming oceanic crust as rifting spread the sea floor throughout the Jurassic. It was during the Jurassic, approximately 140–160 million years ago, that the shape of the Gulf of Mexico as we know it was formed.
The unique shape of the Gulf of Mexico, surrounded on all sides by continental crust, is the result of two different tectonic boundaries: an ocean-continent transform boundary, and a magmatic plume fueled seafloor spreading center active contemporaneously in regards to geologic time. The transform boundary caused two approximately 22° counterclockwise rotations of the Yucatan Block away from the North American plate. One rotation happened prior to seafloor spreading, and the second rotation happened while the basin spread, creating the current geographical shape of the Gulf of Mexico and the current placement of the Yucatan Peninsula.
The active rifting of the Late-Triassic to Mid-Jurassic, and the stratigraphy which depended strongly on that tectonic development, is followed by a relatively calm tectonic period in the Late-Jurassic. The Late-Jurassic Gulf of Mexico is characterized mostly by prolonged subsidence in the central region, as well as heavy sedimentation around the Florida Platform and Northern Gulf of Mexico.
Late Jurassic through the Cretaceous
While a few intrusive igneous formations found as far south as Mexico City are dated to the Late-Jurassic or Early Cretaceous, the Gulf of Mexico during that time was relatively devoid of igneous activity. It wasn't until the Late Mesozoic that low-volume yet widespread volcanism occurred along the Western and Northwestern margins of the Gulf of Mexico, leaving the Yucatan Peninsula with an extremely alkali volcanic field in the subsurface. The volcanism is believed to have been activated along ancient plate boundaries weakened by the loading of sediments in the Gulf.
Sedimentation and stratigraphy
Pre-rift
As mentioned above, the pre-rift stratigraphy of the central Gulf of Mexico basin, which now lies beneath nearly 20 kilometers of sediment deposited during the Jurassic through the Holocene, is made up primarily of extensional graben formations filled with "red beds," basalt flows, and diabase dikes and sills deposited and intruded during the break-up of Pangaea and the explosion of the Central Atlantic Magmatic Plume.