Aboard

BP Gets First Permit to Drill in Gulf Since Spill

BP plc Wednesday received a permit to drill in the Keathley Canyon of the Gulf of Mexico (GOM), making it the first drilling permit approved for the producer since the explosion aboard the Deepwater Horizon rig and subsequent oil spill in April 2010 (see Daily GPI, April 22, 2010).

October 27, 2011

Noble Permit Does Not Represent Sea Change in BOEM Policy

Analysts for FBR Capital Markets called the Interior Department’s issuance of the first deepwater drilling permit since the explosion aboard the Deepwater Horizon rig a “positive incremental step toward normalization of the regulatory environment” in the Gulf of Mexico (GOM), but they cautioned investors against chasing stocks with GOM exposure in the near term.

March 2, 2011

Noble Energy Receives First Deepwater Drilling Permit

The Interior Department agency overseeing the safety of offshore rigs Monday approved the first deepwater drilling perrmit since the explosion aboard the Deepwater Horizon rig and resulting oil spill last April. The permit allows Noble Energy to move forward with a bypass well in the Santiago prospect in Mississippi Canyon Block 519, about 70 miles southeast of Venice, LA. The Houston-based producer is the operator with a 23.25% working interest.

March 1, 2011

Encana Prowls for More Investors

Encana Corp. is exploring opportunities to bring more partners aboard to participate in “selective” joint ventures (JV) in North America, which would allow the company to double gas-weighted production over the next five years, CEO Randy Eresman said Thursday.

February 14, 2011

Encana Prowls for More Investors

Encana Corp. is exploring opportunities to bring more partners aboard to participate in “selective” joint ventures (JV) in North America, which would allow the company to double gas-weighted production over the next five years, CEO Randy Eresman said Thursday.

February 11, 2011

Liability Debated at Senate Deepwater Horizon Hearing

While the commission that was appointed by President Obama to look into the fatal explosion aboard the BP plc-leased Deepwater Horizon rig on April 20 continue to press for a higher liability cap on offshore damages and the creation of a separate safety institute, some senators are concerned with the fact that liability is centered solely on the operator, allowing contractors a free pass.

January 31, 2011

Liability Debated at Senate Deepwater Horizon Hearing

While the commission that was appointed by President Obama to look into the fatal explosion aboard the BP plc-leased Deepwater Horizon rig on April 20 continued to press for a higher liability cap on offshore damages and the creation of a separate safety institute Wednesday, some senators were concerned with the fact that liability is centered solely on the operator, allowing contractors a free pass.

January 28, 2011

Interior Investigating Mariner Platform Fire

The Interior Department agency that oversees offshore rig safety said Friday it has launched a full investigation into the fire Thursday aboard the Mariner Energy Inc. offshore production platform.

September 7, 2010

Interior Investigating Mariner Platform Fire

The Interior Department agency that oversees offshore rig safety said Friday it has launched a full investigation into the fire Thursday aboard the Mariner Energy Inc. offshore production platform.

September 6, 2010

Chesapeake Partners with Plains Exploration in Haynesville Shale

Chesapeake Energy Corp. has brought aboard Plains Exploration & Production Co. (PXP) as a partner in its half a million-acre leasehold in the emerging Haynesville Shale in transactions valued at more than $3 billion.

July 2, 2008
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