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Price of a barrel of oil (West Texas Intermediate – Cushing, Oklahoma) is $84.34. [37] April 25 – Oil sheen seen covering 580 square miles (1,500 km 2) and is 70 miles (110 km) south of Mississippi and Alabama coastlines and was 31 miles (50 km) from the ecologically sensitive Chandeleur Islands. BP begins process to establish two relief wells.
Transocean's Deepwater Horizon offshore oil rig exploded in the Gulf of Mexico more than four months ago, killing 11 of its crew and injuring 17. But the investigation into what happened on April ...
Deepwater Horizon was an ultra-deepwater, dynamically positioned, semi-submersible offshore drilling rig [7] owned by Transocean and operated by the BP company. On 20 April 2010, while drilling in the Gulf of Mexico at the Macondo Prospect, a blowout caused an explosion on the rig that killed 11 crewmen and ignited a fireball visible from 40 miles (64 km) away. [8]
The oil leak was discovered on the afternoon of 22 April 2010 when a large oil slick began to spread at the former rig site. [41] The oil flowed for 87 days. BP originally estimated a flow rate of 1,000 to 5,000 barrels per day [bbl/d] (160 to 790 m 3 /d).
The ghosts of oil spills past are still haunting Transocean (NYS: RIG) . In the fourth quarter, the company reported a $1 billion estimated loss contingency in relation to the Macondo Well ...
Transocean Marianas was an Earl & Wright Sedco 700 design semi-submersible platform drilling unit capable of operating in harsh environments and water depths up to 7,000 feet (2,100 m) using a 47.6 cm (18.75 in), 15,000 psi blowout preventer (BOP), and a 53 cm (21 in) outside diameter (OD) marine riser.