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BP purchased the mineral rights to drill for oil in the Macondo Prospect at the Minerals Management Service's lease sale in March 2008. [7] Mapping of the block was carried out by BP America in 2008 and 2009. [8] BP secured approval to drill the Macondo Prospect from MMS in March 2009. An exploration well was scheduled to be drilled in 2009. [3]
In 1997, the company acquired 12 rigs from Noble Corporation. [6] In 2001, the company acquired Marine Drilling. [7] In 2006, the company put executives on leave due to bribery allegations for rig contracts in Mexico and Venezuela. [8] In August 2009, the company spun off Seahawk Drilling, which owned 20 jackup rigs. [9]
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.
A wildcatter is an individual who drills wildcat wells, which are exploration oil wells drilled in areas not known to be oil fields. [1] Notable wildcatters include Glenn McCarthy, Thomas Baker Slick Sr., Mike Benedum, Joe Trees, Clem S. Clarke, and Columbus Marion Joiner; Joiner is responsible for finding the East Texas Oil Field in 1930.
A number of states, including California and Florida, have banned leasing of state waters for oil and gas drilling. In 2009 a bill that would have partially rescinded a ban on oil and gas leasing of Florida state waters failed in the Florida statehouse (see Offshore oil and gas in Florida).
Black Gold is a reality-documentary television series that chronicles three oil drilling rigs in Andrews County, Texas, [1] 30 miles northwest of Odessa. It was partly produced by Thom Beers, [2] creator of Deadliest Catch and Ice Road Truckers. [3] The Black Gold theme song was sung by country music star Trace Adkins. The title "Black Gold ...
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As technology has advanced, more modern drillers have better control of the overall well. Oil well control is the management of the dangerous effects caused by the unexpected release of formation fluid, such as natural gas and/or crude oil, upon surface equipment of oil or gas drilling rigs and escaping into the atmosphere.
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