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The Inglewood Oil Field in Los Angeles County, California, is the 18th-largest oil field in the state and the second-most productive in the Los Angeles Basin.Discovered in 1924 and in continuous production ever since, in 2012 it produced approximately 2.8 million barrels of oil from some five hundred wells.
A description of the oil and gas seeps offshore southern California can be found in a report on the California Division of Oil and Gas's website. [4] The report is accompanied by a map, showing the locations of offshore petroleum seeps from Point Arguello (north of Santa Barbara) to Mexico. [5]
In the early hours of Monday 8 August 2016, the semi-submersible drilling rig Transocean Winner ran aground near Dalmore in the Carloway district of the Isle of Lewis in the Outer Hebrides, Scotland. [46] The rig had been under tow by the tug Alp Forward in winds of galeforce, when the tow line broke. The rig subsequently drifted ashore at ...
Drill rig operator Transocean Ltd. (NYSE: RIG) this morning announced the sale 38 of its shallow-water drilling rigs to a consortium of private equity firms called Shelf Drilling International ...
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Reputable billionaire investors such as Jim Simons, Cliff Asness and David Tepper generate exorbitant profits for their wealthy accredited investors (a minimum of $1 million in investable assets ...
The Los Angeles City field is one of many in the Los Angeles Basin. To the west are the still-productive Salt Lake and Beverly Hills fields; to the south is the Los Angeles Downtown Oil Field. Ten miles east-southeast is the Brea-Olinda field , the first to be worked in the region.
Transocean announced yesterday that it has inked a five-year contract deal with Chevron valued at $1.1 billion. Transocean will be supplying the energy company with a state-of-the-art newbuild ...