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An oil rig supervisor who earned more than $200,000 a year working for Houston-based Helix Energy Solutions Group Inc is entitled to overtime pay, the U.S. Supreme Court ruled on Wednesday in a ...
Federal leases in green; areas proposed open for leasing 2007-2012 in grey (Minerals Management Service) From 1954 to 2023, federal offshore tracts produced 21.4 billion barrels (3.4 × 10 9 m 3) of oil and 195 trillion cubic feet (5.5 × 10 12 m 3) of natural gas.
A tool pusher (sometimes toolpusher, pusher, or The Push) is an occupation within the oil drilling industry.. On a land drilling rig the tool pusher may be rig manager and responsible for all operations, but on drillships and offshore oil rigs, tool pushers are department heads in charge of the drilling department and reporting to the Master or Offshore Installation Manager depending on the ...
BP is active in offshore oil development in Angola, where it holds an interest in a total of nine oil exploration and production blocks covering more than 30,000 square kilometres (12,000 sq mi). This includes four blocks it acquired in December 2011 and an additional block that is operated by Brazilian national oil company, Petrobras , in ...
In 1937, Pure Oil and its partner Superior Oil used a fixed platform to develop a field 1 mile (1.6 km) offshore of Calcasieu Parish, Louisiana in 14 feet (4.3 m) of water. In 1938, Humble Oil built a mile-long wooden trestle with railway tracks into the sea at McFadden Beach on the Gulf of Mexico, placing a derrick at its end – this was ...
In 2005, the company's Discoverer Spirit rig set a world record for the deepest offshore oil and gas well of 34,189 ft (10,421 m). [15] In 2007, the US Department of Justice and the Securities and Exchange Commission filed a case against Transocean, alleging violations of the Foreign Corrupt Practices Act. The case alleged that Transocean paid ...
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