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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.
Kosmos Energy is an American upstream oil company founded and based in Dallas, Texas.While previously incorporated in Bermuda, Kosmos has reincorporated in Delaware.The company holds production and development operations offshore Ghana, Equatorial Guinea, and Gulf of Mexico, while holding a development project offshore Mauritania and Senegal, and exploration licenses offshore Namibia, São ...
In 2008, federal leases in the Gulf of Mexico produced 418 million barrels (66,500,000 m 3) of oil, down from 568 million barrels (90,300,000 m 3) in 2002; however, due to new deep-water discoveries, the MMS projects that oil production from the Gulf of Mexico will increase to 686 million barrels (109,100,000 m 3) per year by 2013. [12]
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Oilfield service companies may produce, maintain, and repair equipment used in oil extraction and oil transportation. [1] In 2019, the global oilfield services market was US $ 267.8 billion. [ 2 ]
In 1975, after the 1973 oil crisis, John R. Blocker bought Choya Energy, a six-rig contract drilling company based in Alice, Texas, and renamed the company Blocker Energy. [2] In 1980, the company became a public company via an initial public offering. [3] In 1981 and early 1982, the company borrowed heavily to expand its fleet to 54 rigs. [4]