Search results
Results from the WOW.Com Content Network
The first federal lease sale offshore Alaska was held in 1976. Alaska produces oil and gas from offshore areas in the Cook Inlet and the Arctic Ocean. [7] Endicott Island is an artificial island built to produce oil from beneath the Beaufort Sea. There are currently four artificial islands being used for drilling.
The Lun-A (Lunskoye-A) platform, located off the north eastern coast of Sakhalin Island and is a concrete gravity base substructure (CGBS).. An oil platform (also called an oil rig, offshore platform, oil production platform, etc.) is a large structure with facilities to extract and process petroleum and natural gas that lie in rock formations beneath the seabed.
In 1990 the oil drilling company proposed selling its entire fleet of offshore drilling rigs to focus solely on fishing. The company had not had a profitable quarter in more than five years. In 1990, Zapata Offshore sold 12 of its drilling rigs to Arethusa Offshore, which a few years later merged with Diamond Offshore. Still struggling with ...
The first offshore drillship was the CUSS 1 developed for the Mohole project to drill into the Earth's crust. [13] As of June 2010, there were over 620 mobile offshore drilling rigs (jackups, semisubs, drillships, barges, etc.) available for service in the worldwide offshore rig fleet. [14]
The possible offshore lease sale became an issue in the 2009 race for governor of Virginia. [43] The winner, Bob McDonnell, urged during his tenure that the sale take place. [44] In May 2010, President Obama announced his decision to cancel the offshore Virginia lease sale, in response to the Deepwater Horizon oil spill in the Gulf of Mexico. [45]
Eugene Island block 330 oil field is an oil field in the United States Exclusive Economic Zone in the Gulf of Mexico. It is located 170 miles (270 km) southwest of New Orleans , 70–85 miles (113–137 km) off the Louisiana coast comprising six and a half leased blocks: Eugene Island 313, 314 south, 330, 331, 332, 337 and 338.
The Deepwater Horizon oil spill began on April 20, 2010 when an explosion struck the rig, it occurred in the Gulf of Mexico on the BP-operated Macondo Prospect.Killing eleven people, it is considered the largest marine oil spill in the history of the petroleum industry and sources estimated that between 134–206 million barrels of oil was released into the gulf.
Each rig costs about $25 million. ADR is used extensively in the Athabasca oil sands. According to the "Oil Patch Daily News", "Each rig will generate 50,000 man-hours of work during the construction phase and upon completion, each operating rig will directly and indirectly employ more than 100 workers."