Rowan Fights Second Well Blowout in a Year at Same Gulf of Mexico Site

By David Wethe Jan. 31 (Bloomberg) -- The blowout at a natural gas well in the Gulf of Mexico yesterday is the second time in a year Rowan Companies Plc has lost control while drilling at the same location with the same rig. Workers on Rowan’s “Louisiana” rig -- one of the oldest in its fleet -- are still trying to gain control of a well in Vermilion Block 356, about 100 … [Read more...]