Petroscout | PLS

Total Page:16

File Type:pdf, Size:1020Kb

Petroscout | PLS December 16, 2016 PETRO SCOUT www.plsx.com E&P Serving the US upstream industry with information, analysis & prospects for sale Volume 27, No. 18 Diamondback doubles down in the Delaware, adds more rigs PDC to drill long laterals in Publicly-listed Diamondback Energy doubled down this week with a $2.4 DJ, integrate Delaware billion acquisition of Brigham Resources’ 76,319 net acres to bring total leasehold PDC Energy is preparing to execute in the sub-basin to 95,499 net acres. In less than six months, in 2017 on moves it made this year to Diamondback has gone from a Midland Basin pure-play enter the Delaware Basin and drill longer to over half of its acreage now in the southern Delaware. This is a remarkable laterals in the DJ Basin after commitment to Permian E&P. The acquisition brings net drilling locations in the consolidating its position. Delaware to 1,500 in the Wolfcamp A The company will spend Adds 1,200 net locations in Southern and B and the Second and Third Bone significantly more in 2017—$725-775 Delaware Basin. Spring in Pecos and Reeves counties. million vs. this year’s $400-420 million— “With Diamondback’s proven ability to execute, we now believe we have the resource and acreage base to efficiently support 15-20 operated rigs,” CEO Travis PDC sets capex at $750 million and Stice said. The company had already planned to add a sixth rig in Reeves County but plans to bring 170 wells online. will now add two more to drill the Brigham acreage. and bring 25 more wells online (170 total). Diamondback says Wolfcamp A EURs on the new acreage are in the top quartile of PDC expects production to increase over its IRRs exceeding 100%, similar to top Midland Basin wells. Continues On Pg 4 40% at midpoint to 82,200-90,400 boe/d. Anadarko adds firepower onshore, hits pay offshore This growth will start slowly with Q1 Anadarko further solidified US onshore plans that will be fueled by cash the volumes flat to 4Q16 but steady growth company expects to generate after increasing Gulf of Mexico investment earlier this beginning in subsequent quarters to exit fall. As it closed its acquisition of Freeport-McMoRan’s deepwater assets this week, 2017 at 97,000 boe/d. PDC projects a 37% the company said it expects to end 1Q17 with 14 operated rigs in the Delaware Basin YOY increase in lateral feet drilled at YE17. and six in the DJ Basin. The company was running seven Delaware rigs and Most of PDC’s 2017 activity will be one DJ rig at the end of Q3 but at its legacy Wattenberg acreage, where added two in each in Q4. Anadarko will run 14 rigs in Delaware it will run three to four rigs and allocate Basin, six in DJ Basin. At the time of the acquisition, 65% of its capex. Continues On Pg 4 CEO Al Walker said assets would generate sufficient cash flow to increase onshore investment and deliver 10-12% five-year compounded oil growth rate in a $50-$60 DEALS FOR SALE oil-price environment. Now, Walker says, “We now believe we have the ability to deliver a five- SOUTH TEXAS NONOPERATED SALE 51-Hz Producing Wells. year compounded annual oil growth rate of 12-14%, while investing within KARNES & DEWITT CO. expected cash inflows.” Continues On Pg 9 EAGLE FORD Vertical Depths: ~12,160-12,240 Ft. PP BP sanctions $9B Mad Dog expansion amid climbing oil prices 20 PUD Locations Identified. Varying NonOperated WI & NRI. NONOP First major Gulf of Mexico project approved since mid-2015 Net Production: 61 BOPD & 86 MCFD The Mad Dog field expansion is officially a go for BP, backing up E&P head 3-Mn Avg. Net Cash Flow: ~$82,000/Mn Bernard Looney’s statement this summer that “Some people say that deepwater is Net Proved PV10: ~$7,000,000 finished. We have a different view.” BP successfully trimmed costs by more PP 1136DV than half to $9 billion from estimates as high as $22 billion in 2013. Chief ANDREWS CO., TX PROPERTY executive Bob Dudley said the Expansion sees $13B price reduction 7-Total Wells. 5-Active. 1-Shut-In. 1-SWD. announcement demonstrates that “big HORIZONTAL SAN ANDRES PLAY from high of $22B. deepwater projects can still be economic ~4,800 Gross/~1,700 Net Acres. PP in a low-price environment in the US if they are designed in a cost-effective way.” Up To 100% OPERATED WI; 75% NRI SAN Net Production: 47 BOPD & 78 MCFD ANDRES Mad Dog Phase 2 will construct a floating production platform to process 140,000 6-Mn Avg Net Cash Flow: ~$60,000/Mn bo/d from up to 14 wells. It is the first major Gulf project to be sanctioned since Wells Have Cumm’d >77 MBOE. July 2015, when Shell moved forward with its 175,000 boe/d, 15-well Appomattox Total Est Reserves: 6.1 MMBO & 3.1 BCF deepwater platform. Other producers have pursued smaller and cheaper tieback OFFERS DUE: JANUARY 26, 2017 projects this year—such as Anadarko at Lucius and Caesar/Tonga—but Mad Dog 2 PP 5900DV is the first big-ticket project. PLS tracks thousands of deals for The Mad Dog platform will be installed 6 miles southwest of the existing truss spar, sale at www.plsx.com/listings which is in 4,500 ft of water. Continues On Pg 10 All Standard Disclaimers & Seller Rights Apply. PETROSCOUT 2 December 16, 2016 Midcontinent Drilling & Production Jones completes 15 Cleveland wells on way to 2016 target of 19 ■ Approach Resources completed Jones Energy’s Q3 was its most active of the year with a resumed three-rig three wells during Q3 in addition to two Cleveland program and an entrance into the STACK/SCOOP. The company spudded 18 previously reported wells completed when wells, completed 15 and brought 13 online in the Cleveland, bringing total wells coming it resumed its completion online to 19 on the year through Sept. 30. program for the first time Jones is increasing the low end of full-year production guidance to 18,600- this year. The latest wells—one Wolfcamp 19,400 boe/d from 17,900-19,400 boe/d driven by well outperformance as well A and two Wolfcamp C—posted an as higher working interest in the Cleveland. average IP rate of 813 boe/d (58% oil). The company raised capex guidance $20 million Regional Oil & Gas Intelligence November 18, 2015 This rate was slightly lower than the first MIDCONTINENT SCOUT to $110 million on higher working interest in the Serving the local market with drilling activity, permits & deals for sale Volume 03, No. 22 two wells—a Wolfcamp B and C, which Continental bullish on STACK, SCOOP performance Regional Activity (State Data) The stars of Continental Resources’ that are three times higher than wells in (11/02/15 to 11/13/15) Q3 production were the company’s normally pressured windows. The Ludwig Compls Permits STACK and SCOOP wells, according to 1-22-15XH had a rate of 2,782 boe/d averaged 861 boe/d (59% oil). Four wells play, up to 85-90% from 80%, and the start-up of Nebraska – 1 its most recent operational update. (76% oil), while the Ladd 1-8-5XH came KansasMidcontinent28 75 Continental completed its Scoutsecond Dec. 8 Oklahoma 6 64 and third STACK wells during the Over-pressured STACK has 3x higher rates than normal-pressure window. North Texas (RRC 5) – 1 quarter and is drilling or completing four North Texas (RRC 7B) 5 28 more. The company says its acreage in the in at 2,181 boe/d (79% oil). Continental awaited completion as of Sept. 30 but North Texas (RRC 9) 13 30 STACK/SCOOP drilling activity. CEO Jonny Jones TX Panhandle (RRC 10) 4 8 trend will “compete head-to-head” with its says 95% of its STACK acreage is in the SCOOP development, which the company over-pressured window. Through YE15, Most Active Operators by Permits says continues to show strong results. the company will operate 2-3 rigs and ➊ Altavista Energy 16 159 Permits;Continental’s 130 wells completed Completions; in the spud an additional 2-3 wells there. ➋ Owens Petroleum 8 said the company began operating a rig on its new ➌ Enervest Operating 6 over-pressured STACK have 90-day rates Continues On Pg 5 won’t come online until 2017. However, Permits by Formation (by Last Scout) Chesapeake’s Oklahoma long laterals include record 9,395 ft During Q3, Chesapeake Energy drilled completed. The company’s multi-section 99Formation Rigs11/18 11/04 Running.10/21 a company record lateral length of 9,395 ft extended laterals that it is drilling in the Squirrel 31 46 38 Mississippian 21 23 34 on its JJJ 23-25-11 1H well, which was in Mississippian Lime save ~$1.4 million Approach said it will drill two wells in Q4. STACK/SCOOP acreage in December. Arbuckle 8 15 15 the completion stages as of the release of per well, a 27% decrease in D&C costs Bartlesville 8 17 6 the company’s quarterly operations update. compared to two separate standard laterals. Barnett 7 5 3 Net production from the Mississippian Woodford 7 14 5 Multi-lateral wells & multi-section extended laterals drilled in Miss. Lime. Lime stayed relatively flat at an average of Cleveland 3 4 6 31,000 boe/d during Q3, a 1% sequential ■ California Resources resumed Granite Wash 3 6 2 Marble Falls 3 4 4 That quarter also saw the first multi- decrease.
Recommended publications
  • Compensation for Economic Loss Following an Oil Spill Incident: Building a New Framework for Thailand
    Compensation for Economic Loss Following an Oil Spill Incident: Building a New Framework for Thailand Tidarat Sinlapariromsuk A dissertation submitted in partial fulfillment of the requirements for the degree of Doctor of Philosophy University of Washington 2017 Reading Committee: Donsheng Zang, Chair William Rodgers Sanne Knudsen Usha Varanasi Program Authorized to Offer Degree: School of Law © Copyright 2017 Tidarat Sinlapapiromsuk University of Washington Abstract Compensation for Economic Loss Following an Oil Spill Incident: Building a New Framework for Thailand Tidarat Sinlapapiromsuk Chair of the Supervisory Committee: Associate Professor of Law Dongsheng Zang School of Law The Rayong Oil Spill of 2013 presents a useful example of the catastrophic consequences of a large oil spill in Thailand, consequences that can provide meaningful lessons for industry and government. Many local residents and businesses throughout the coastal communities in Rayong suffered economic loss largely due to damages to natural resources; however, under the existing legal regime, there is no effective comprehensive legal framework that directly and adequately regulates the compensation regimes that handle claims of economic-loss following an oil-spill incident. Equally, as an alternative to litigation, there is no adequate guidance for the regimes handling rapid compensation payments for such type of claims. In the aftermath of the Rayong Spill, the responsible bodies developed the out-of-court compensation program on the fly, struggling to find a proper way to respond to this unprecedented disaster—yet this response was so haphazard that it left some claimants without clear rights to compensation, or, conceivably, it even left them with unfair levels of compensation.
    [Show full text]
  • Upstream Break-Out: Longer Term Investments
    BP 2011 Results and Strategy Presentation Upstream break-out: Longer term investments Upstream break-out 0 200km Longer term investments play to our 0 100kmstrengths Mike Daly: EVP, Exploration Andy Hopwood: EVP, Strategy & Integration 0 200km 0 200km 0 200km 0 250km 0 200km1 Good afternoon. I’m Mike Daly, Executive Vice President, Exploration and together with my colleague Andy Hopwood, Executive Vice President, Strategy and Integration, we will take you through some detail about BP’s longer term future. Bob spoke earlier about our resource base and the upcoming projects. I will deal with our exploration and appraisal portfolios. Andy will then cover our position in unconventionals – and how we are adding value to our major gas positions down the value chain. But first a word about BP’s resource base in general. 1 BP 2011 Results and Strategy Presentation Upstream break-out: Longer term investments Cautionary statement Forward-looking statements - cautionary statement This presentation and the associated slides and discussion contain forward-looking statements, particularly those regarding: expected increases in investment in exploration and upstream drilling and production; anticipated improvements and increases, and sources and timing thereof, in pre-tax returns, operating cash flow and margins, including generating around 50% more annually in operating cashflow by 2014 versus 2011 at US$100/bbl; divestment plans, including the anticipated timing for completion of and final proceeds from the disposition of certain BP assets; the expected
    [Show full text]
  • 1 Issue Six 2018
    UT THREE UNDERWATER TECHNOLOGY Issue Six 2018 Issue SEABED MINING • UNDERWATER1 VEHICLES Capital-Efficient THREE Subsea Solutions UT UNDERWATER Society for Underwater TECHNOLOGY Production Tree Technology Unified Controls Lead time: 12 months 1 Fetter Lane Lead time: 12 months London EC4A 1BR Pump Lead time: 18 months Wellhead Lead time: 8 months Manifold Lead time: 18 months Connection System Lead time: 6 months Seabed nodule collector Image: Krypton Ocean ISSN: 1752-0592 Vol 12 No 6 +44 (0) 1480 370007 Editor: John Howes [email protected] Editorial Assistant: Eddie Current Production: Redefine economic viability with a new Sue Denham approach to subsea production. Advertising: Zinat Hassan The OneSubsea portfolio of standardized designs supports streamlined processes, documentation, [email protected] and manufacturing to deliver integrated production systems that enable achieving first oil as soon as 24 months after contract award. Customized to your field architecture, these capital-efficient solutions help you maximize recovery from new fields to transform deepwater economics across the life of the asset. Find out more at Published by UT2 Publishing for and on behalf of the Society for Underwater Technology. Reproduction of UT2 in whole or in part, onesubsea.slb.com/standardization without permission, is prohibited. The publisher and the SUT assumes no responsibility for unsolicited material, nor responsibility for content of any advertisement, particularly infringement of copyrights, trademarks, intellectual property rights and patents, nor liability for misrepresentations, false or misleading statements and illustrations. These are the sole responsibility of the advertiser. Opinions of the writers are not necessarily those of the SUT or the publishers.
    [Show full text]
  • Deepwater Horizon – Failure of Blowout Preventer (BOP)
    Deepwater Horizon – Failure of Blowout Preventer (BOP) Jim Thomson September 2016 Jim Thomson September 2016 1 20 April 2010, Gulf of Mexico • 11 dead • $350m (2001 cost) platform destroyed • Largest ever oil spill • BP CEO sacked • New regulator (BSEE) created Total BP liability (2016) $61 bn, plus other lesser liabilities: • Anadarko (junior non-operating partner) • MOEX (junior non-operating partner) • Transocean (operator/owner) • Cameron (BOP designer) • Halliburton (drilling contractor) 129 people on board: Final total cost ~$80 bn ?? 6 BP personnel 30 Halliburton Others mostly Transocean Most expensive ever accident (except Chernobyl and Fukushima) Jim Thomson September 2016 2 1. Why didn’t the Blowout Preventer work? 2. Were there any common causes between Deepwater Horizon and the 2005 Texas City Refinery accident? A cautionary tale of bad standards, weak regulation, and minimal compliance Jim Thomson September 2016 3 Deepwater Horizon Sea level 18360 feet (5564 m) 40 feet Blowout 4992 feet from sea level (13 m) Preventer to reservoir (1513 m) to seabed Seabed The BOP was designed and manufactured to API standards by Production Cameron International (Texas), and owned and operated by Casing Transocean (Switzerland) under contract to BP. Cameron: 20000 employees NOT TO SCALE! $8.5 bn turnover (2012) Cameron International was bought by Schlumberger in 2016 SIMPLIFIED! for $14.8 bn. Transocean: 18000 employees $10 bn turnover (2012) Hydrocarbon Jim Thomson September 2016 Reservoirs 4 The role of the BOP was to shear the drill pipe
    [Show full text]
  • Environmental Justice and the BP Deepwater Horizon Oil Spill
    Scholarship Repository University of Minnesota Law School Articles Faculty Scholarship 2012 Environmental Justice and the BP Deepwater Horizon Oil Spill Hari M. Osofsky University of Minnesota Law School, [email protected] Kate Baxter-Kauf Bradley Hammer Ann Mailander Brett Mares See next page for additional authors Follow this and additional works at: https://scholarship.law.umn.edu/faculty_articles Part of the Law Commons Recommended Citation Hari M. Osofsky, Kate Baxter-Kauf, Bradley Hammer, Ann Mailander, Brett Mares, Amy Pikovsky, Andrew Whitney, and Laura Wilson, Environmental Justice and the BP Deepwater Horizon Oil Spill, 20 N.Y.U. ENVTL. L.J. 99 (2012), available at https://scholarship.law.umn.edu/faculty_articles/415. This Article is brought to you for free and open access by the University of Minnesota Law School. It has been accepted for inclusion in the Faculty Scholarship collection by an authorized administrator of the Scholarship Repository. For more information, please contact [email protected]. Authors Hari M. Osofsky, Kate Baxter-Kauf, Bradley Hammer, Ann Mailander, Brett Mares, Amy Pikovsky, Andrew Whitney, and Laura Wilson This article is available at Scholarship Repository: https://scholarship.law.umn.edu/faculty_articles/415 ENVIRONMENTAL JUSTICE AND THE BP DEEPWATER HORIZON OIL SPILL HARI M. OSOFSKY, KATE BAXTER-KAUF, BRADLEY HAMMER, ANN MAILANDER, BRETT MARES, AMY PIKOVSKY, ANDREW WHITNEY & LAURA WILSON* This Article analyzes the environmental justice implications of the BP Deepwater Horizon Oil Spill and proposes ways to better address these concerns currently and in the future. It explores the justice problems that have arisen with respect to the spill response, compensation, and employment and workers.
    [Show full text]
  • 3 September 2001 Company Announcements Office Australian
    3 September 2001 Company Announcements Office Australian Stock Exchange BHP BILLITON LIMITED GROUP APPENDIX 4B DISCLOSURES The following document contains the balance of the BHP Billiton Limited Group Appendix 4B disclosures to the Australian Stock Exchange (ASX) for the year ended 30 June 2001. This document should be read in conjunction with the preliminary results for the BHP Billiton Limited Group released to the ASX on 20 August 2001. Karen J Wood Company Secretary BHP Billiton Limited ABN 49 004 028 077 Registered in Australia Registered Office: 600 Bourke Street Melbourne Victoria 3000 Australia (GPO Box 86A Melbourne Victoria 3001 Australia) Telephone (61 3) 9609 3333 Telex AA30408 Facsimile (61 3) 9609 3015 A member of the BHP Billiton Group, which is headquartered in Australia BHP Billiton Limited Group 2000/2001 FINANCIAL RESULTS 3 September 2001 The following additional information is provided in relation to the results for the year ended 30 June 2001. Statement of Financial Performance 30 June 30 June for the financial period ended 2001 2000 (1) $m $m Revenue from ordinary activities Sales .............................................................................................................. 20 698 21 506 Interest revenue .......................................................................................... 110 96 Other revenue ............................................................................................. 1 671 2 051 22 479 23 653 deduct Expenses from ordinary activities, excluding depreciation,
    [Show full text]
  • International Deals | PLS
    January 3, 2017 • Volume 09, No. 01 INTERNATIONALDEALS Serving the marketplace with news, analysis and business opportunities BP emerges from the shadow of Macondo Q4 lifts 2016 international Supermajor makes up for lost time with ~$4B in late 2016 acquisitions upstream M&A to $46.0B Back in July, BP CEO Bob Dudley told investors the supermajor had finally A wave of high-value Q4 deals “drawn a line” of US$5.2 billion under its estimated remaining liabilities from the 2010 headlined by two Russian corporate Deepwater Horizon disaster in the US Gulf of Mexico and was preparing “a new phase transactions rescued what otherwise would of growth.” In the last six weeks of 2016, BP delivered on that promise by announcing have been a dismal 2016 in the ~$4.0 billion in upstream acquisitions (plus a $1.3 billion downstream international upstream sector purchase—see story on PG. 11). and brought it closer to historical www.plsx.com/ma Between Nov. 25 and Dec. Latest M&A moves are return to UAE norms. Deal values totaled US$27.6 oil block & farm-in to Kosmos gas finds. 2, BP struck more than $830 million in billion in Q4 according to the PLS Global deals in Egypt, Indonesia and the UK North Sea (see Dec. 8 issue). It announced even M&A Database—1.5x the previous three more aggressive acquisitions in late December: returning to Abu Dhabi’s producing quarters combined—boosting the year’s ADCO concession for $2.19 billion and buying into Kosmos’ gas discoveries off total to $46.0 billion.
    [Show full text]
  • Copyrighted Material
    bindex 3/1/11 4:56 PM Page 359 Index NOTE: Page numbers in italics refer to photos. Abbott, Kenneth, 217–218 Amoco (American Oil Company), 213, 248 ABC, 70, 98–99, 112, 115, 289 Amos, John, 67, 98 Abileah, Rae, 237, 237–238 Anadarko Petroleum, 11–12, 180, Abraham, David, 227 233–236, 307 AC 360 (CNN), 135 Anchorage Daily News, 253 Advocates for Environmental Human Anderson, Jason, 14, 21–23, 24 Rights, 201 Anderson, Shelley, 14 air quality, monitoring, 132–134 Anderson, Wayne, 52 Alabama Angelle, Scott, 295–297, 296 BP funds to, 193 Anglo-Iranian Oil Company, 213 commercial seafood industry of, 148, Anglo-Persian Oil Company, 213 149, 150–162, 151, 153 Apache, 308 environmental impact, 94 Apex Safety Consultants, 218 oil industry employment statistics, Aravosis, John, 247 286–287 ARCO (Atlantic Richfield Company), 213 Alabama Coastal Foundation, 137 Arctic National Wildlife Refuge, 224 Alaska Arnesan, David, 123 Arctic National Wildlife Refuge, 224 Arnesen, Aleena, 125 BP in, 216, 219–220 Arnesen, David, Jr., 125 drilling permits, 304 Arnesen, Kindra, 122–125, 124 Allen, Lindsey, 275 Arnold, Kurt, 21 Allen, Thad, 72, 73 Arti’s Sports Bar (Grand Isle, Louisiana), as administration spokesman, 269–270 205 claims and, 201 Asper, Vernon, 65, 111, 113 environmental impact and, 94, 135 Associated Press, 29, 112, 131–132, 135 financial impact/claims, 202 Atlantis oil field, 216–218, 220 initial administration response, 264 Audubon, 146 Macondo well containment and, 240, Aurilio, Anna, 278–279, 302–303 248, 249 COPYRIGHTEDAustralia, MATERIAL oil-related
    [Show full text]
  • Deepwater Gulf of Mexico 2007: Interim Report of 2006 Highlights
    ON COVER—Graphic representation of Independence Hub. OCS Report MMS 2007-021 Deepwater Gulf of Mexico 2007: Interim Report of 2006 Highlights Authors Robert H. Peterson G. Ed Richardson Christy M. Bohannon Eric G. Kazanis Tara M. Montgomery Lesley D. Nixon Mike P. Gravois Gregory D. Klocek U.S. Department of the Interior Minerals Management Service New Orleans Gulf of Mexico OCS Region May 2007 PREFACE This is the seventh publication that the Minerals Management Service (MMS) has released chronicling the levels of deepwater exploration, development, and production activities in the Gulf of Mexico (GOM). This past year has seen significant advances in exploration and development. In 2006, twelve new deepwater discoveries were announced by industry as a result of ambitious exploration programs. These discoveries are estimated to add approximately 1.3 billion barrels of oil equivalent (BOE) to the GOM reserves base. Some of these discoveries were located in the new Lower Tertiary trend, where large oil and gas volumes have been encountered, but have only been lightly tested. The first sustained well test in the trend, the Jack 2 well, occurred last year and its results are being carefully analyzed. Data from this test were highly publicized and are very encouraging; however, many questions remain to be answered before it is determined whether the hydrocarbon resources throughout the trend will be economically recoverable. Over the next few years, it is anticipated that one or more fields will be producing from this large deepwater trend. Deepwater production has continued to be a very important part of the total GOM production, providing 70 percent of the oil and 40 percent of the gas in the region.
    [Show full text]
  • Imagining the Age of Oil: Case Studies in British Petrocultures, 1865-1935
    Imagining the Age of Oil: Case Studies in British Petrocultures, 1865-1935 by Ian Wereley A thesis submitted to the Faculty of Graduate and Postdoctoral Affairs in partial fulfillment of the requirements for the degree of Doctor of Philosophy in History Carleton University Ottawa, Ontario © 2018, Ian Wereley Abstract This dissertation investigates the cultural history of oil in Britain over a seventy- year period, between 1865 and 1935. While much has been written about the economic, political, diplomatic, geopolitical, and military aspects of oil during this timeframe, there have been few investigations into the ways that cultural factors have shaped the history of oil in Britain, a gap in the literature that this study seeks to fill. Britain was one of the first industrialized nations to make the transition to oil and in the period under consideration, everyday consumption of the commodity increased dramatically, especially in the cities, where new oil technologies for heating, illumination, and transportation became commonplace conveniences. Using understudied sources such as public lectures, cartoons, advertisements, exhibitions, and architecture, the dissertation examines the discourses of transition that were created to help Britons navigate their changing energy landscapes. It maps the complexities, opportunities, and impasses that accompanied the historical rise of oil in Britain during the late nineteenth and early twentieth centuries, and argues that the system of things that brought oil from the wellhead to the consumer was predicated on a vast constellation of ideas. ii Acknowledgements This dissertation is the product of a long and complicated journey that would not have been possible without the guidance and support of several individuals who, in one way or another, extended their valuable assistance in the preparation of this study.
    [Show full text]
  • Case 2:10-Cv-04536-CJB-SS Document 15-2 Filed 04/04/16 Page 1 of 190
    Case 2:10-cv-04536-CJB-SS Document 15-2 Filed 04/04/16 Page 1 of 190 Appendix 5: Plea Agreement CaseCase 2:10-cv-04536-CJB-SS2:12-cr-00292-SSV-DEK Document Document 15-2 2-1 Filed Filed 04/04/16 11/15/12 Page Page 2 1 of of 190 56 Appendix 5-001 CaseCase 2:10-cv-04536-CJB-SS2:12-cr-00292-SSV-DEK Document Document 15-2 2-1 Filed Filed 04/04/16 11/15/12 Page Page 3 2 of of 190 56 Appendix 5-002 CaseCase 2:10-cv-04536-CJB-SS2:12-cr-00292-SSV-DEK Document Document 15-2 2-1 Filed Filed 04/04/16 11/15/12 Page Page 4 3 of of 190 56 Appendix 5-003 CaseCase 2:10-cv-04536-CJB-SS2:12-cr-00292-SSV-DEK Document Document 15-2 2-1 Filed Filed 04/04/16 11/15/12 Page Page 5 4 of of 190 56 Appendix 5-004 CaseCase 2:10-cv-04536-CJB-SS2:12-cr-00292-SSV-DEK Document Document 15-2 2-1 Filed Filed 04/04/16 11/15/12 Page Page 6 5 of of 190 56 Appendix 5-005 CaseCase 2:10-cv-04536-CJB-SS2:12-cr-00292-SSV-DEK Document Document 15-2 2-1 Filed Filed 04/04/16 11/15/12 Page Page 7 6 of of 190 56 Appendix 5-006 CaseCase 2:10-cv-04536-CJB-SS2:12-cr-00292-SSV-DEK Document Document 15-2 2-1 Filed Filed 04/04/16 11/15/12 Page Page 8 7 of of 190 56 Appendix 5-007 CaseCase 2:10-cv-04536-CJB-SS2:12-cr-00292-SSV-DEK Document Document 15-2 2-1 Filed Filed 04/04/16 11/15/12 Page Page 9 8 of of 190 56 Appendix 5-008 CaseCase 2:10-cv-04536-CJB-SS 2:12-cr-00292-SSV-DEK Document Document 15-2 2-1 Filed Filed 04/04/16 11/15/12 Page Page 10 9 of 19056 Appendix 5-009 CaseCase 2:10-cv-04536-CJB-SS2:12-cr-00292-SSV-DEK Document Document 15-2 2-1 Filed Filed 04/04/16 11/15/12 Page Page
    [Show full text]
  • Deepwater Horizon Oil Spill and Offshore Drilling
    THE GULF OIL DISASTER Chief Counsel’s Report | 2011 National Commission on the BP Deepwater Horizon Oil Spill and Offshore Drilling National Commission on the BP Deepwater Horizon Oil Spill And Offshore Drilling | Report to the President Chief Counsel’s Report — Acknowledgments | i Acknowledgments irst and foremost, we thank the Commission and its co-chairs, William Reilly and Senator Bob Graham, for supporting our investigation throughout. We also thank the Commission‘s executive director, Richard Lazarus, for his F extraordinary leadership. Richard Sears, the Commission‘s senior science and engineering advisor, was an integral part of our team from the very beginning. We relied heavily on his considerable technical expertise as well as his deep understanding of industry business practices and culture. On the rare instances in which Richard could not answer a question himself, he summoned support from the broad network of industry professionals he created over his 33 years at Shell. Many individuals involved in the Macondo incident spoke with us voluntarily. They included rig crew members, cementers, mudloggers, equipment suppliers, and shore-based engineers. Notably, many members of BP‘s Macondo well team met repeatedly with us to explain the chain of events that led to the blowout. BP also released a report of its own nonprivileged investigation of the blowout, and then provided us access to supporting documents. While BP‘s report differs from ours in scope, purpose, and conclusions, it aided our efforts, and we commend BP for undertaking it. Transocean graciously invited us to visit one of its deepwater drilling rigs to appreciate firsthand the scale and complexity of its operations.
    [Show full text]