At approximately 10 p.m. on April 20, 2010, an explosion rocked Transocean's Deepwater Horizon drilling rig resulting in the loss of 11 crew members and the sinking of the rig on April 22. Since that day, regulatory changes have charted a new path for offshore drilling, and exploration and production operations have increased in the Gulf of Mexico.
On the second anniversary of the Deepwater Horizon incident, Rigzone examines the progress made and how the offshore oil and gas industry has bounced back.
O&G Industry Bounces Back from Deepwater Horizon
By: Robin Dupre
Exploration and production activities in the Gulf of Mexico are intensifying since the oil slick has dispersed and the drilling rigs have returned. Continue reading ...
Slower GOM Permitting Yields Reduced Production
By: Trey Cowan
The post-Macondo Gulf of Mexico regulatory environment is having an adverse impact on oil production in federal waters. Continue reading ...
Well Safety: The Human Factor
By: Jon Mainwaring
Rigzone takes a trip to the Shell Technology Centre at Rijswijk in the Netherlands to see how the company has improved its wells training after the Deepwater Horizon disaster. Continue reading ...
Post-Macondo Insurance Costs Rise, Short-Term Earnings Impact Not Yet Seen
By: Karen Boman
E&P companies are paying insurance premiums 5-10 percent higher than 2011 for both deepwater exploration in the Gulf of Mexico and on the Gulf shelf following the Macondo oil spill, a Marsh Inc. advisor tells Rigzone. Continue reading ...
Port Fourchon: Charting a Course for Recovery
By: Matthew V. Veazey
For thousands of men and women who work in the offshore industry, Port Fourchon at the southern tip of Lafourche Parish, La., is an important gateway. During any given month, approximately 15,000 offshore personnel pass through Fourchon en route to their next hitch in the Gulf or on their way home for some well-deserved downtime. On the night of April 20, 2010, Port Fourchon took on another role. In a matter of hours, the port became the focal point for the response, recovery and clean-up effort for the worst offshore accident in U.S. history. Continue reading ...
BP, Plaintiffs Reach Settlement Agreements for Deepwater Horizon Incident
By: Alexis Flynn of Dow Jones Newswires
BP has reached definitive and fully documented agreements with the PSC to resolve the substantial majority of eligible private economic loss and medical claims stemming from the Deepwater Horizon accident.
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Dash of Carbon Ups Absorbability of Nanosponges
By: Rice University
Researchers at Rice Univ. and Penn State have discovered that adding a dash of boron to carbon while creating nanotubes gives them an astounding ability to absorb oil spilled in water.
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Studies: Oil Safety Weak Two Years After BP Spill
Source: Dow Jones Newswires
Offshore drilling safety and oversight is still lacking two years after the massive BP oil spill sullied the U.S. Gulf Coast, two recent reports found. Continue reading ...
Oil Spill Dangers Still Remain after Macondo Incident
Source: Tampa Bay Times
The second anniversary of America's worst environmental disaster on Friday should serve as a reminder to the nation that there remains much work to be done.
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