Perrmit

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.