Heard of a new oil spill 10 miles wide off the coast of LA. Anyone else heard of this?
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No announcement yet.
Another spill in the Gulf?
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I don't want to side track this thread, but I know we have a lot of oil guys on here that can help me understand. What exactly is the "moratorium"? I'm just trying to understand where we are at with our existing platforms. Are they still operating or does the moratorium only affect new drilling?
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Originally posted by Walking Eagle View PostI don't want to side track this thread, but I know we have a lot of oil guys on here that can help me understand. What exactly is the "moratorium"? I'm just trying to understand where we are at with our existing platforms. Are they still operating or does the moratorium only affect new drilling?
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our gracious president "lifted" the moratorium months ago (as he has commented on several times), and as of then, only a single permit has been approved in deepwater. Several of the rigs have left for Brazil or Africa (they're not coming back), and the word is now, that only development wells will be allowed... no exploration wells. Which means no new fields to discover.... which means activity will never be what it was in the gulf.
they are still allowing shallow drilling, but those wells just don't produce like some of the deepwater fields, and they still have ridiculous environmental regulations, which makes them far less profitable.
the article above said it was a rainbow sheen... probably a ship pumped it's bilge out... it's not uncommon to see light sheens offshore from shipping.
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Originally posted by kyle1974 View PostI think you're referring to the PERMAtorium....
our gracious president "lifted" the moratorium months ago (as he has commented on several times), and as of then, only a single permit has been approved in deepwater. Several of the rigs have left for Brazil or Africa (they're not coming back), and the word is now, that only development wells will be allowed... no exploration wells. Which means no new fields to discover.... which means activity will never be what it was in the gulf.
they are still allowing shallow drilling, but those wells just don't produce like some of the deepwater fields, and they still have ridiculous environmental regulations, which makes them far less profitable.
the article above said it was a rainbow sheen... probably a ship pumped it's bilge out... it's not uncommon to see light sheens offshore from shipping.
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