Macondo Well
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US Interior Sec. Ken Salazar directed Marine Well Containment Co., one of two consortiums formed following the 2010 Macondo deepwater well’s oil spill, to conduct a live drill this summer deploying critical well control equipment in the Gulf of Mexico.
May 25, 2012 at 19:45 | Source: Oil & Gas Journal
The stable outlook reflects our belief that court judgments or litigation settlements related to the Macondo well incident are unlikely to significantly affect the company and that it's unlikely Halliburton would pursue large, debt financed acquisitions.
May 17, 2012 at 18:43 | Source: Reuters
Perhaps the most intriguing aspect of the article is a critique of the recent summary judgment rulings in the ongoing litigation between BP and Transocean relating to the Macondo well blowout, rig fire, and oil spill. Commenting on the rulings that ...
May 22, 2012 at 18:09 | Source: Houston Chronicle
As the BP oil spill fades into oblivion, oil well service providers are well positioned to surge. Discount rates in present valuing future streams of free cash flow will come down at the same time that the economy goes up. In this article, I will run you ...
May 14, 2012 at 07:13 | Source: Seekingalpha.com
During an emergency, shearing and sealing rams in the devices can be activated to cut drill pipe and to block off the well hole. But a forensic examination of the blowout preventer brought up from BP's failed Macondo well in the Gulf of Mexico showed that ...
May 22, 2012 at 23:24 | Source: MySanAntonio
Tougher drilling rules passed after the BP spill require oil companies to prove they can control a blowout similar to the April 20, 2010, incident at the Macondo well where 11 workers were killed in explosions that sank the drilling rig Deepwater Horizon.
May 26, 2012 at 04:28 | Source: Hattiesburg American
While premiums did fluctuate before settling into an increase of about 20 percent after the deadly blowout of BP's Macondo well, people in the industry say the more significant change is a new focus by insurers on the risks they're taking, and by drillers ...
May 10, 2012 at 23:59 | Source: Houston Chronicle
The Macondo well incident continues to haunt Transocean (NYS: RIG) . This year's first-quarter results were unimpressive, as net profits plunged because of one-time impairment charges of around $227 million. To be frank, this doesn't really come ...
May 13, 2012 at 15:13 | Source: Daily Finance
Scientists say oil and gas seeps surrounding BP’s Deepwater Horizon well appear to be mostly natural and to pre-date the 2010 spill. But some experts wonder if at least some of the seeps might have been caused or expanded by activity at the well.
May 14, 2012 at 16:09 | Source: Louisiana Weekly
The so-called blind shear rams at BP’s Macondo well in the Gulf failed to complete a seal in April 2010 because they were jammed by a portion of drill pipe knocked out of alignment in the explosion, Oslo-based Det Norske Veritas, a management ...
May 21, 2012 at 19:36 | Source: Bloomberg