News from the Houston Chronicle energy team

Diamond Offshore rig to go from Gulf to Congo

A Diamond Offshore Drilling rig will move from the Gulf of Mexico to the Republic of Congo, the company said today. The company is suspending a Gulf of Mexico contract for the Ocean Confidence and has entered into a new deal for the rig with Murphy Exploration and Production Co. to be used offshore of […]  More »

UPDATED: Reaction mixed to new deep-water drilling ban

The Obama administration’s decision to continue blocking deep-water drilling is “unnecessary and shortsighted,” American Petroleum Institute President Jack Gerard said today. “The new moratorium threatens enormous harm to the nation and to the Gulf region,” Gerard said in a statement. “It places the jobs of tens of thousands of workers in serious and immediate jeopardy […]  More »

Oranje no more

The World Cup is over. Spain beat the Netherlands Oranjes in the final match yesterday and today CB&I, which had changed its website to reflect the Oranje’s colors, is back to its regular blue. It’s kind of appropriate. Sorry, CB&I. Last week: Go oranje! Today: Feeling blue.  More »

Administration outlines new drilling suspension

As anticipated, Interior Secretary Ken Salazar just ordered federal regulators to suspend deep-water drilling in the Gulf of Mexico, while insisting that a timeout is necessary to investigate the causes of the Deepwater Horizon disaster. “More than eighty days into the BP oil spill, a pause on deep-water drilling is essential and appropriate to protect […]  More »

BP: Helix Producer is ready to start capturing oil

BP said it completed connecting the Helix Producer floating riser system to the blown out Macondo well this afternoon, and will ramp production up slowly over the next couple of days. Once it reaches capacity, the system should be able to draw up as much as 25,000 barrels of spilling oil from the well, in […]  More »

UPDATED: Government to impose new drilling ban today

The Obama administration is set today to impose a new ban on deep-water drilling — this time carefully rewritten in hopes of solving the problems that prompted a federal court to toss out the first attempt. An administration official confirmed the new moratorium — likely to come in the form of a “notice to lessees” […]  More »

Why you don't shut the well with the LMRP cap

In a research note this morning, the folks at Tudor, Pickering, Holt & Co. gave a good explanation for why using the new containment cap to shut-in the leaking Macondo well is not a good idea. The note says that though BP mentions the potential to shut-in the well with the new sealing cap, this […]  More »

New study shows offshore workers span US

The ban on deep-water drilling in the Gulf of Mexico is threatening jobs of offshore rig workers not just on the Gulf Coast but also across the country, according to a study released Monday by the International Association of Drilling Contractors. The IADC reported that 68 percent of congressional districts in the U.S. &#151 296 […]  More »

TMZ slams Hayward for watching World Cup at bar

Tony, Tony, Tony! As if the yachting and the globe-trotting weren’t enough, now TMZ has additional ammo with which to bash the BP CEO. AP Photo/Pat Sullivan BP CEO Tony Hayward in the BP command center in Houston on June 3, 2010. The celeb-sighting site posted pics this weekend that appear to show Hayward watching […]  More »

National spill commission seeks input from Gulf residents

The National Commission on the BP Oil Spill wants to hear from residents of the Gulf Coast. The commission today launched a feature on its website that allows people to make comments about how they have been affected by the spill and to offer suggestions about prevention and response. At its first public meeting in […]  More »

Interior to hold onshore Alaska lease sale

The Interior Department will hold a lease sale in August for oil and gas development onshore Alaska. The lease sale will be for about 1.8 million acres in Alaska’s National Petroleum Reserve area on the North Slope, Dow Jones Newswires said. The agency’s Bureau of Land Management will open sealed bids for the lease sale […]  More »

Guest post: Dan Pickering on relief wells, world cup and shale gas

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