Shell: Drilling On New Deepwater Gulf Well To Start In April

U.S. regulators said Wednesday oil company Royal Dutch Shell PLC (RDSA, RDSB, RDSA.LN, RDSB.LN) has received approval to drill a new well in the deep-water Gulf of Mexico as part of its recently approved exploration plan for the area. This marks the first time since the 2010 spill that the administration has approved plans to drill new oil-and-gas resources. Previously, … [Read more...]

US Officials Probe Death Of Worker On Apache Platform

WASHINGTON (Dow Jones)--U.S. offshore-drilling regulators are investigating the death of a worker who died Wednesday aboard a natural-gas production platform owned by Apache Corp. (APA). The worker fell into the water as he was moving from a boat to the platform, located about 150 miles south of Lake Charles, Louisiana, U.S. officials said in a statement. Crew members … [Read more...]

MSRC orders $1.3 million oil spill detection system from Rutter

St. John's, NL, Canada: Canadian based Rutter Technologies, a division of Rutter Inc. (TSX: RUT), has entered into an agreement MSRC to provide its Oil Spill Detection and Management Systems for deployment in the U.S.  Delivery will begin immediately, and is anticipated to be completed in April 2011.  Rutter sold the first Oil Spill Detection and Management system in November … [Read more...]

BP Joins Gulf of Mexico Marine Well Containment Company

HOUSTON – BP announced today that it has joined Chevron, ConocoPhillips ExxonMobil and Shell as a member of the Marine Well Containment Company LLC (MWCC), a non-profit industry organization committed to improving capabilities for containing a potential future underwater blowout in the U.S. Gulf of Mexico. BP brings its marine response experience and equipment to the … [Read more...]

Apache Corporation begins production in GoM

HOUSTON, Jan. 6, 2011 /PRNewswire/ -- Apache Corporation (NYSE, Nasdaq: APA) today announced that hydrocarbon production has begun at its Balboa Field, located on East Breaks Block 597.  Initial gross flow rates have stabilized at approximately 30 million cubic feet of natural gas and 1,400 barrels of oil per day. Apache's subsidiary is the operator of the field and holds a 50 … [Read more...]