Rigamarole-Spring-2007
rigamarole DELVING into the DEEP } PAG E 2 Acting Up } PAGE 12 Small Wonder } PAGE 20 On the Hunt } PAGE 26 Barges to Behemoths } PAGE 32 Generations } PAGE 38 A PUBLICATION for the PEOPLE, CUSTOMERS, SUPPLIERS and FR I EN DS of DI A MON D OFFSHOR E DR I L LI NG, Inc. SPR I NG 20 0 7 rigamarole volume 21 number 1 2 DELVING into the DEEP Suppose that today’s high-price/high-demand oil market lasted for another 10 to 25 years. That is what a growing number of analysts are now forecasting, with many agreeing that prices could trend near today’s levels (after adjustment for inflation) deep into the next decade, or beyond in the longest-running analyses. Driven by that robust environment, deepwater offshore’s contribution to world oil productive capacity could double as soon as 2015. 12 Acting Up 26 On the Hunt What started as a fun skit loosely related to a play about an As Devon Energy expands its global deepwater exploration program, infamous bordello in LaGrange, Texas has turned into a full- R.K. “Rick” Mitchell, Vice President Worldwide Drilling and blown traveling production and raised more than $1.3 million E&P Services, talks about the company’s plans and the role for charity in the process. Diamond Offshore’s newly commissioned ultra-deepwater semi, the 20 Small Wonder Ocean Endeavor, will play. The mercury is showing 120-degrees Fahrenheit. You are working under the merciless smother of the Persian Gulf sun on a metal 32 Barges to Behemoths structure, amid the drone of diesel engines and clangor of cranes, Diamond Offshore traces the Company’s beginnings to the earliest pipes and shakers.
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