EIA’s Reports This Week on Shale, Gales, and Tipping the Scales

Alrightee, there have been a number of key reports from the EIA this week which have prompted me to present some pertinent points, and pose some ponderations. So below is the skinny from three reports on shale,  gales (well, hurricanes), and tipping scales (…of market balance).  Shale Oil and Shale Gas Resources First up is […]
An insurance broker from London inspects the ENSCO 8505, as he evaluates its prospects in the underwriting market. The rig is designed to operate in up to 8,500 feet of water and will be put to work in the Gulf in June. Photo: Emily Pickrell / HC

Ensco adds another drillship to its fleet as deep water booms

Ensco has announced plans to add a drillship to its fleet as demand for the deep-water vessels and platforms continues in the Gulf of Mexico, West Africa and other hot spots.

Maximino field to be largest yet in Mexican Perdido, Pemex says

By Carlos Manuel Rodriguez and Brendan Case Bloomberg News Petroleos Mexicanos’s Maximino field will probably be the largest oil discovery on the Mexican side of the Perdido basin, the state-owned oil producer said. Final test results on the field are expected within weeks, said Carlos Morales, the exploration and production chief at Pemex, as the […]
At 50 tons, the Marine Well Containment Co.'s smaller capping stack is still big. But it has a smaller footprint than a larger version and is meant to operate in areas where several wells and riser systems may be clustered together. (Photo: MWCC)

New oil spill response system is leaner — even at 50 tons

Big and hulking have been the buzzwords when it comes to emergency containment equipment designed for offshore wells. Move over, massive. A new mini variety has arrived.
Storms that reach Category 5, like Hurricane Ivan, can cause major damage to offshore platforms. (Image: NOAA)

Feds say storm-related supply disruptions have dropped as production shifts inland

The Energy Information Administration says storm-related disruptions to oil and natural gas production in the Gulf of Mexico and along the Gulf Coast have declined as more production has moved inland.
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Preparing for hurricane season, 140 miles offshore

Saturday won’t be just another day for operators in the Gulf of Mexico. With the start of the Atlantic hurricane season, BP, the largest oil and gas producer in the deep-water Gulf of Mexico last year, offered a glimpse into its hurricane planning.
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A well-preserved shipwreck is seen about 200 miles off the coast of La., at a depth around 4,000 feet, in the  Gulf of Mexico. (AP Photo/NOAA Okeanos Explorer Program)

Study: Most shipwrecks a minor US pollution threat

While 87 ships sunk deep off America’s coasts have the potential to leak tens of millions of gallons of oil, a new federal report concludes that “the scope of the problem is much more manageable than initially feared.”

Texas joins other Gulf states in suing BP for environmental damage due to 2010 oil spill

Texas on Friday joined other Gulf states suing BP for environmental damage caused by the 2010 Gulf of Mexico oil spill.
Former BP engineer Kurt Mix leaves the federal courthouse after a hearing in Houston in 2012. (AP Photo/Pat Sullivan, File)

Judge delays trial for ex-BP engineer charged in Gulf oil spill case

A federal judge Friday ordered a delay of nearly six months in the trial of a former BP engineer charged with obstruction of justice in connection stemming from his actions after the 2010 Gulf of Mexico oil spill.
Mike Chaudon, director of sales for Det Norske Veritas, discusses upcoming safety requirements at ImpactWeather's conference on hurricane safety in Houston. (Emily Pickrell/Houston Chronicle)

Offshore safety auditor talks about challenges ahead

Mike Chaudron, director of sales for Det Norske Veritas Certification, one of four audit firms provisionally certified to audit offshore operators’ safety plans, talks about challenges in implementing the new federally mandated process.