DOCSLIB.ORG

030513 MDL 2179 PM1314 JS Spot Ckd Rest Merged In

Total Page：16

File Type：pdf, Size：1020Kb

Download full-text PDF Read full-text
030513 MDL 2179 PM1314 JS Spot Ckd Rest Merged In 1815 1 UNITED STATES DISTRICT COURT 2 EASTERN DISTRICT OF LOUISIANA 3 4 IN RE: OIL SPILL BY THE OIL RIG * Docket 10-MD-2179 DEEPWATER HORIZON IN THE * 5 GULF OF MEXICO ON APRIL 20, 2010 * Section J * 6 Applies to: * New Orleans, Louisiana * 7 Docket 10-CV-02771, * March 5, 2013 IN RE: THE COMPLAINT AND * 8 PETITION OF TRITON ASSET * LEASING GmbH, et al * 9 * Docket 10-CV-4536, * 10 UNITED STATES OF AMERICA v. * BP EXPLORATION & PRODUCTION, * 11 INC., et al * * 12 * * * * * * * * * * * * * * * * * * 13 14 DAY 6, AFTERNOON SESSION TRANSCRIPT OF NONJURY TRIAL 15 BEFORE THE HONORABLE CARL J. BARBIER UNITED STATES DISTRICT JUDGE 16 17 Appearances : 18 For the Plaintiffs: Domengeaux Wright Roy 19 & Edwards, LLC BY: JAMES P. ROY, ESQ. 20 556 Jefferson Street, Suite 500 Post Office Box 3668 21 Lafayette, Louisiana 70502 22 For the Plaintiffs: Herman Herman & Katz, LLC 23 BY: STEPHEN J. HERMAN, ESQ. 820 O'Keefe Avenue 24 New Orleans, Louisiana 70113 25 OFFICIAL TRANSCRIPT 1816 1 Appearances : 2 For the Plaintiffs: Cunningham Bounds, LLC 3 BY: ROBERT T. CUNNINGHAM, ESQ. 1601 Dauphin Street 4 Mobile, Alabama 36604 5 For the Plaintiffs: Lewis Kullman Sterbcow & Abramson 6 BY: PAUL M. STERBCOW, ESQ. 601 Poydras Street, Suite 2615 7 New Orleans, Louisiana 70130 8 For the Plaintiffs: Breit Drescher Imprevento 9 & Walker, PC BY: JEFFREY A. BREIT, ESQ. 10 600 22nd Street, Suite 402 Virginia Beach, Virginia 23451 11 12 For the Plaintiffs: Leger & Shaw BY: WALTER J. LEGER JR., ESQ. 13 600 Carondelet Street, 9th Floor New Orleans, Louisiana 70130 14 15 For the Plaintiffs: Watts Guerra Craft, LLP BY: MIKAL C. WATTS, ESQ. 16 4 Dominion Drive Building 3, Suite 100 17 San Antonio, Texas 78257 18 For the Plaintiffs: Williams Law Group, LLC 19 BY: CONRAD "DUKE" WILLIAMS, ESQ. 435 Corporate Drive, Suite 101 20 Houma, Louisiana 70360 21 For the Plaintiffs: Thornhill Law Firm 22 BY: TOM THORNHILL, ESQ. 1308 Ninth Street 23 Slidell, Louisiana 70458 24 25 OFFICIAL TRANSCRIPT 1817 1 Appearances : 2 For the Plaintiffs: deGravelles Palmintier Holthaus & Frugé, LLP 3 BY: JOHN W. DEGRAVELLES, ESQ. 618 Main Street 4 Baton Rouge, Louisiana 70801 5 For the Plaintiffs: Williamson & Rusnak 6 BY: JIMMY WILLIAMSON, ESQ. 4310 Yoakum Boulevard 7 Houston, Texas 77006 8 For the Plaintiffs: Irpino Law Firm 9 BY: ANTHONY IRPINO, ESQ. 2216 Magazine Street 10 New Orleans, Louisiana 70130 11 For the United States U.S. Department of Justice 12 of America: Torts Branch, Civil Division BY: R. MICHAEL UNDERHILL, ESQ. 13 450 Golden Gate Avenue 7-5395 Federal Bldg., Box 36028 14 San Francisco, California 94102 15 For the United States U.S. Department of Justice 16 of America: Environment & Natural Resources Environmental Enforcement Section 17 BY: STEVEN O'ROURKE, ESQ. SCOTT CERNICH, ESQ. 18 DEANNA CHANG, ESQ. RACHEL HANKEY, ESQ. 19 A. NATHANIEL CHAKERES, ESQ. Post Office Box 7611 20 Washington, D.C. 20044 21 For the United States U.S. Department of Justice 22 of America: Torts Branch, Civil Division BY: JESSICA McCLELLAN, ESQ. 23 MICHELLE DELEMARRE, ESQ. JESSICA SULLIVAN, ESQ. 24 SHARON SHUTLER, ESQ. MALINDA LAWRENCE, ESQ. 25 Post Office Box 14271 Washington, D.C. 20004 OFFICIAL TRANSCRIPT 1818 1 Appearances : 2 For the United States U.S. Department of Justice 3 of America: Fraud Section Commercial Litigation Branch 4 BY: DANIEL SPIRO, ESQ. KELLEY HAUSER, ESQ. 5 ELIZABETH YOUNG, ESQ. Ben Franklin Station 6 Washington, D.C. 20044 7 For the State of Attorney General of Alabama 8 Alabama: BY: LUTHER STRANGE, ESQ. COREY L. MAZE, ESQ. 9 WINFIELD J. SINCLAIR, ESQ. 500 Dexter Avenue 10 Montgomery, Alabama 36130 11 For the State of Attorney General of Louisiana 12 Louisiana: BY: JAMES D. CALDWELL, ESQ. 1885 North Third Street 13 Post Office Box 94005 Baton Rouge, Louisiana 70804 14 15 For the State of Kanner & Whiteley, LLC Louisiana: BY: ALLAN KANNER, ESQ. 16 DOUGLAS R. KRAUS, ESQ. 701 Camp Street 17 New Orleans, Louisiana 70130 18 For BP Exploration & Liskow & Lewis, APLC 19 Production Inc., BY: DON K. HAYCRAFT, ESQ. BP America Production 701 Poydras Street, Suite 5000 20 Company, BP PLC: New Orleans, Louisiana 70139 21 For BP Exploration & Kirkland & Ellis, LLP 22 Production Inc., BY: J. ANDREW LANGAN, ESQ. BP America Production HARIKLIA "CARRIE" KARIS, ESQ. 23 Company, BP PLC: MATTHEW T. REGAN, ESQ. 300 N. Lasalle 24 Chicago, Illinois 60654 25 OFFICIAL TRANSCRIPT 1819 1 Appearances : 2 For BP Exploration & Covington & Burling, LLP 3 Production Inc., BY: ROBERT C. "MIKE" BROCK, ESQ. BP America Production 1201 Pennsylvania Avenue, NW 4 Company, BP PLC: Washington, D.C. 20004 5 For Transocean Holdings Frilot, LLC 6 LLC, Transocean Offshore BY: KERRY J. MILLER, ESQ. Deepwater Drilling Inc., 1100 Poydras Street, Suite 3700 7 Transocean Deepwater Inc.: New Orleans, Louisiana 70163 8 For Transocean Holdings Sutherland Asbill & Brennan, LLP 9 LLC, Transocean Offshore BY: STEVEN L. ROBERTS, ESQ. Deepwater Drilling Inc., RACHEL G. CLINGMAN, ESQ. 10 Transocean Deepwater Inc.: 1001 Fannin Street, Suite 3700 Houston, Texas 77002 11 12 For Transocean Holdings Munger Tolles & Olson, LLP LLC, Transocean Offshore BY: MICHAEL R. DOYEN, ESQ. 13 Deepwater Drilling Inc., BRAD D. BRIAN, ESQ. Transocean Deepwater Inc.: LUIS LI, ESQ. 14 335 S. Grand Avenue, 35th Floor Los Angeles, California 90071 15 16 For Transocean Holdings Mahtook & Lafleur LLC, Transocean Offshore BY: RICHARD J. HYMEL, ESQ. 17 Deepwater Drilling Inc., 600 Jefferson Street, Suite 1000 Transocean Deepwater Inc.: Post Office Box 3089 18 Lafayette, Louisiana 70501 19 For Transocean Holdings Hughes Arrell Kinchen, LLP 20 LLC, Transocean Offshore BY: JOHN KINCHEN, ESQ. Deepwater Drilling Inc., 2211 Norfolk, Suite 1110 21 Transocean Deepwater Inc.: Houston, Texas 77098 22 For Cameron International Stone Pigman Walther Wittmann, LLC 23 Corporation: BY: PHILLIP A. WITTMANN, ESQ. 546 Carondelet Street 24 New Orleans, Louisiana 70130 25 OFFICIAL TRANSCRIPT 1820 1 Appearances : 2 For Cameron International Beck Redden & Secrest, LLP 3 Corporation: BY: DAVID J. BECK, ESQ. DAVID W. JONES, ESQ. 4 GEOFFREY GANNAWAY, ESQ. ALEX B. ROBERTS, ESQ. 5 1221 McKinney Street, Suite 4500 Houston, Texas 77010 6 7 For Halliburton Energy Godwin Lewis, PC Services, Inc.: BY: DONALD E. GODWIN, ESQ. 8 BRUCE W. BOWMAN JR., ESQ. FLOYD R. HARTLEY JR., ESQ. 9 GAVIN HILL, ESQ. 1201 Elm Street, Suite 1700 10 Dallas, Texas 75270 11 For Halliburton Energy: Godwin Lewis, PC 12 Services, Inc.: BY: JERRY C. VON STERNBERG, ESQ. 1331 Lamar, Suite 1665 13 Houston, Texas 77010 14 For M-I, LLC: Morgan Lewis & Bockius 15 BY: HUGH E. TANNER, ESQ. DENISE SCOFIELD, ESQ. 16 JOHN C. FUNDERBURK, ESQ. 1000 Louisiana Street, Suite 4000 17 Houston, Texas 77002 18 Official Court Reporter: Jodi Simcox, RMR, FCRR 19 500 Poydras Street, Room HB-406 New Orleans, Louisiana 70130 20 (504) 589-7780 [email protected] 21 22 23 24 Proceedings recorded by mechanical stenography using computer-aided transcription software. 25 OFFICIAL TRANSCRIPT 1821 2:13PM 1 I N D E X 2:13PM 2 Page 2:13PM 3 2:13PM Miles Randal Ezell 2:13PM 4 Cross-Examination By Mr. Hartley: 1822 2:13PM Cross-Examination By Mr. Brock: 1847 2:13PM 5 Cross-Examination By Mr. Beck: 1880 2:13PM Redirect Examination By Mr. Sterbcow: 1887 2:13PM 6 Redirect Examination By Ms. Clingman: 1903 2:13PM 2:13PM 7 Ronnie W. Sepulvado 2:13PM Direct Examination By Mr. Williams: 1918 2:13PM 8 Cross-Examination By Mr. Underhill: 1947 2:13PM Cross-Examination By Mr. Kraus: 1954 2:13PM 9 Direct Examination By Ms. Karis: 1958 2:13PM 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 OFFICIAL TRANSCRIPT 1822 MILES RANDAL EZELL - CROSS 1:14PM 1 AFTERNOON SESSION 1:14PM 2 (March 5, 2013) 1:21PM 3 * * * * * 1:38PM 4 THE DEPUTY CLERK: All rise. 1:38PM 5 THE COURT: All right. Good afternoon, everyone, 1:38PM 6 again. Please be seated. 1:38PM 7 Let's see. Who's up next? Halliburton? 1:39PM 8 MR. GODWIN: Yes, Your Honor. 1:39PM 9 THE COURT: Okay. 1:39PM 10 MR. HARTLEY: Thank you, Your Honor. Floyd Hartley 1:39PM 11 for Halliburton, I'll be taking Mr. Ezell on cross. 10:32AM 12 (WHEREUPON, MILES RANDAL EZELL , having been 10:32AM 13 previously duly sworn, testified as follows.) 1:39PM 14 CROSS-EXAMINATION 1:39PM 15 BY MR. HARTLEY: 1:39PM 16 Q. Good afternoon, Mr. Ezell. 1:39PM 17 A. Good afternoon. 1:39PM 18 Q. I want to start with the morning meeting that you had on 1:39PM 19 the morning of April 20th, 2010. I think, in response to both 1:39PM 20 Mr. Sterbcow's question and Ms. Clingman's, you said that there 1:39PM 21 was at least some discussion about the cement job. Is that 1:39PM 22 right? 1:39PM 23 A. Yes. 1:39PM 24 Q. And if I heard correctly, you said that it was deemed to 1:39PM 25 be a successful cement job? OFFICIAL TRANSCRIPT 1823 MILES RANDAL EZELL - CROSS 1:39PM 1 A. To the best of my recollection, yes. 1:39PM 2 Q. This was a BP engineer on shore that's conveying that 1:39PM 3 information? 1:39PM 4 A. My memory's not clear exactly who it was that conveyed it, 1:39PM 5 but I heard it. 1:39PM 6 Q. And as a result, that they were not going to run a cement 1:39PM 7 bond log? 1:39PM 8 A. Yes. 1:39PM 9 Q. There were cement bond log tools on the rig that morning? 1:39PM 10 A.
Load more

Recommended publications
  • United States District Court Southern District of Texas Houston Division
    Case 4:10-md-02185 Document 113 Filed in TXSD on 02/14/11 Page 1 of 182 UNITED STATES DISTRICT COURT SOUTHERN DISTRICT OF TEXAS HOUSTON DIVISION In re BP plc Securities Litigation No. 4:10-md-02185 Honorable Keith P. Ellison LEAD PLAINTIFFS NEW YORK AND OHIO’S CONSOLIDATED CLASS ACTION COMPLAINT FOR ALL PURCHASERS OF BP SECURITIES FROM JANUARY 16, 2007 THROUGH MAY 28, 2010 Case 4:10-md-02185 Document 113 Filed in TXSD on 02/14/11 Page 2 of 182 TABLE OF CONTENTS Page I. INTRODUCTION ...............................................................................................................2 II. JURISDICTION AND VENUE ........................................................................................11 III. THE PARTIES ..................................................................................................................11 A. Plaintiffs .................................................................................................................11 B. Defendants .............................................................................................................12 C. Non-Party ...............................................................................................................17 IV. BACKGROUND ...............................................................................................................17 A. BP’s Relevant Operations ......................................................................................17 B. BP’s Process Safety Controls Were Deficient Prior to the Class Period ...............18
    [Show full text]
  • Deep-Sea Observations at Hydrocarbon Drilling Locations: Contributions from the SERPENT Project After 120 Field Visits Andrew Gates University of Southampton
    University of Wollongong Research Online Faculty of Science, Medicine and Health - Papers Faculty of Science, Medicine and Health 2017 Deep-sea observations at hydrocarbon drilling locations: contributions from the SERPENT Project after 120 field visits Andrew Gates University of Southampton Mark Benfield Louisiana State University David Booth University of Technology Sydney Ashley Fowler University of Technology Sydney Danielle Skropeta University of Wollongong, [email protected] See next page for additional authors Publication Details Gates, A. R., Benfield, M. C., Booth, D. J., Fowler, A. M., Skropeta, D. & Jones, D. O.B.. (2017). Deep-sea observations at hydrocarbon drilling locations: contributions from the SERPENT Project after 120 field visits. Deep-Sea Research Part II: Topical Studies in Oceanography, 137 463-479. Research Online is the open access institutional repository for the University of Wollongong. For further information contact the UOW Library: [email protected] Deep-sea observations at hydrocarbon drilling locations: contributions from the SERPENT Project after 120 field visits Abstract The ERS PENT Project has been running for over ten years. In this time scientists from universities and research institutions have made more than 120 visits to oil rigs, drill ships and survey vessels operated by 16 oil companies, in order to work with the industry's Remotely Operated Vehicles (ROV). Visits have taken place in Europe, North and South America, Africa and Australasia at water depths from 100 m to nearly 3000 m. The project has directly produced >40 peer reviewed publications and data from the project's >2600 entry online image and video archive have been used in many others.
    [Show full text]
  • 041513 Mdl 2179 Am Merge 1 Js Ckd Use This File
    8564 1 UNITED STATES DISTRICT COURT 2 EASTERN DISTRICT OF LOUISIANA 3 4 IN RE: OIL SPILL BY THE OIL RIG * Docket 10-MD-2179 DEEPWATER HORIZON IN THE * 5 GULF OF MEXICO ON APRIL 20, 2010 * Section J * 6 Applies to: * New Orleans, Louisiana * 7 Docket 10-CV-02771, * April 15, 2013 IN RE: THE COMPLAINT AND * 8 PETITION OF TRITON ASSET * LEASING GmbH, et al * 9 * Docket 10-CV-4536, * 10 UNITED STATES OF AMERICA v. * BP EXPLORATION & PRODUCTION, * 11 INC., et al * * 12 * * * * * * * * * * * * * * * * * * 13 14 DAY 27, MORNING SESSION TRANSCRIPT OF NONJURY TRIAL 15 BEFORE THE HONORABLE CARL J. BARBIER UNITED STATES DISTRICT JUDGE 16 17 Appearances : 18 For the Plaintiffs: Domengeaux Wright Roy 19 & Edwards, LLC BY: JAMES P. ROY, ESQ. 20 556 Jefferson Street, Suite 500 Post Office Box 3668 21 Lafayette, Louisiana 70502 22 For the Plaintiffs: Herman Herman & Katz, LLC 23 BY: STEPHEN J. HERMAN, ESQ. 820 O'Keefe Avenue 24 New Orleans, Louisiana 70113 25 OFFICIAL TRANSCRIPT 8565 1 Appearances : 2 For the Plaintiffs: Cunningham Bounds, LLC 3 BY: ROBERT T. CUNNINGHAM, ESQ. 1601 Dauphin Street 4 Mobile, Alabama 36604 5 For the Plaintiffs: Lewis Kullman Sterbcow & Abramson 6 BY: PAUL M. STERBCOW, ESQ. 601 Poydras Street, Suite 2615 7 New Orleans, Louisiana 70130 8 For the Plaintiffs: Breit Drescher Imprevento 9 & Walker, PC BY: JEFFREY A. BREIT, ESQ. 10 600 22nd Street, Suite 402 Virginia Beach, Virginia 23451 11 12 For the Plaintiffs: Leger & Shaw BY: WALTER J. LEGER JR., ESQ. 13 600 Carondelet Street, 9th Floor New Orleans, Louisiana 70130 14 15 For the Plaintiffs: Williams Law Group, LLC BY: CONRAD "DUKE" WILLIAMS, ESQ.
    [Show full text]
  • BP Plc SECURITIES LITIGATION § § MDL No. 10
    Case 4:10-md-02185 Document 706 Filed on 12/05/13 in TXSD Page 1 of 96 UNITED STATES DISTRICT COURT SOUTHERN DISTRICT OF TEXAS HOUSTON DIVISION IN RE: BP p.l.c. § MDL No. 10-md-2185 SECURITIES LITIGATION § § § ALAMEDA COUNTY EMPLOYEES’ § RETIREMENT ASSOCIATION, et al., § Civ. Act. No. 4:12-cv-1256 (cons.) § Plaintiffs, § § v. § HON. KEITH P. ELLISON § BP p.l.c., et al. § § Defendants. § AMENDED MEMORANDUM AND ORDER Pending before the Court is Defendants’ Consolidated Motion to Dismiss Plaintiffs’ Complaints. (Doc. No. 46.)1 Having reviewed the motion, Plaintiffs’ response (Doc. No. 55), Defendants’ reply (Doc. No. 63), and all papers in support thereof, the Court finds that Defendants’ motion (Doc. No. 46) must be GRANTED IN PART and DENIED IN PART. I. BACKGROUND This case is part of a “first tranche” of securities fraud actions filed against various BP companies and executives that are advanced mostly under state law. Plaintiffs seek to hold Defendants responsible for financial harm caused by BP’s falling stock prices after the Deepwater Horizon explosion on April 20, 2010 and the resulting 87-day oil spill in deepwater Gulf of Mexico. Plaintiffs contend that Defendants materially misrepresented the worth of BP’s stock prior to and immediately following the disaster. They believe Defendants should 1 Unless otherwise indicated, all docket references are to 12-cv-1256. Case 4:10-md-02185 Document 706 Filed on 12/05/13 in TXSD Page 2 of 96 compensate them for their financial losses following the alleged correction of BP’s stock price.
    [Show full text]
  • Year 2014 Gulfwide Emissions Inventory Study
    OCS Study BOEM 2017-044 Year 2014 Gulfwide Emissions Inventory Study U.S. Department of the Interior Bureau of Ocean Energy Management Gulf of Mexico OCS Region OCS Study BOEM 2017-044 Year 2014 Gulfwide Emissions Inventory Study Authors D. Wilson R. Billings R. Chang S. Enoch B. Do H. Perez J. Sellers Prepared under BOEM Contract M13PC00005 by Eastern Research Group, Inc. 1600 Perimeter Park Drive, Suite 200 Morrisville, NC 27560 Published by U.S. Department of the Interior New Orleans, LA Bureau of Ocean Energy Management June 2017 Gulf of Mexico OCS Region DISCLAIMER This report was prepared under contract between the Bureau of Ocean Energy Management (BOEM) and Eastern Research Group, Inc. This report has been technically reviewed by BOEM and it has been approved for publication. Approval does not necessarily signify that the contents reflect the views and policies of BOEM, nor does mention of trade names or commercial products constitute endorsement or recommendation for use. REPORT AVAILABILITY To download a PDF file of this Environmental Studies Program report, go to the U.S. Department of the Interior, Bureau of Ocean Energy Management, Environmental Studies Program Information System website and search on OCS Study BOEM 2017-044. This report can be viewed at select Federal Depository Libraries. It can also be obtained from the National Technical Information Service; the contact information is below. US Department of Commerce National Technical Information Service 5301 Shawnee Rd. Springfield, Virginia 22312 Phone: (703) 605-6000, 1 (800) 553-6847 Fax: (703) 605-6900 Website: http://www.ntis.gov/ CITATION Wilson, D., R.
    [Show full text]
  • In Re Anadarko Petroleum Corp. Class Action Litigation 12-CV-00900-First
    Case 4:12-cv-00900 Document 69 Filed in TXSD on 07/20/12 Page 1 of 124 UNITED STATES DISTRICT COURT SOUTHERN DISTRICT OF TEXAS HOUSTON DIVISION In re ANADARKO PETROLEUM Lead Case No. 4:12-CV-00900 CORP. CLASS ACTION LITIGATION Honorable Keith P. Ellison FIRST AMENDED CONSOLIDATED CLASS ACTION COMPLAINT BERNSTEIN LITOWITZ BERGER & GROSSMANN LLP John C. Browne Jeremy P. Robinson Brett Van Benthysen 1285 Avenue of the Americas New York, NY 10019 Telephone: (212) 554-1400 Facsimile: (212) 554-1444 Attorneys for Lead Plaintiffs Case 4:12-cv-00900 Document 69 Filed in TXSD on 07/20/12 Page 2 of 124 TABLE OF CONTENTS PAGES I. NATURE OF THE ACTION .............................................................................................. 1 II. JURISDICTION AND VENUE .......................................................................................... 9 III. PARTIES ............................................................................................................................. 9 A. Lead Plaintiffs ......................................................................................................... 9 B. Defendants ............................................................................................................ 10 1. Anadarko...................................................................................................10 2. The Individual Defendants ........................................................................ 10 C. Relevant Non-Parties ...........................................................................................
    [Show full text]
  • 6. Offshore Platforms.Pdf
    Introduction to Offshore Engineering Yutaek Seo 해양플랜트?? Offshore platform!! • Offshore Plant – 해양 플랜트 : Only used in Korea. Not correct!! • Offshore structures : Fixed or Floating structures installed in offshore region. • Offshore Platform : Offshore structure having oil and gas processing facilities on top of it. (offshore structure) Thus, it is good to day that “The offshore oil and gas production system is installed on the offshore platform” Early Days of Offshore Engineering Production Platform in Summerland When did the Offshore Industry begin ? Fixed Platform – using pile foundation Grand Isle – 14m GBS – Concrete base Beryl Alpha– 120m Fixed Platform for Deepwater Cognac – 300m Example: Ichthys Field Development Safety and Environment Piper Alpha • On 06 July 1988, work began on one of two condensate-injection pumps, designated A and B, which were used to compress gas on the platform prior to transport of the gas to Flotta. A pressure safety valve was removed from compressor A for recalibration and re-certification and two blind flanges were fitted onto the open pipe work. The dayshift crew then finished for the day. • During the evening of 06 July, pump B tripped and the nightshift crew decided that pump A should be brought back into service. When the pump was operational, gas condensate leaked from the two blind flanges and, at around 2200 hours, the gas ignited and exploded, causing fires and damage to other areas with the further release of gas and oil. Some twenty minutes later, the Tartan gas riser failed and a second major explosion occurred followed by widespread fire. Fifty minutes later, at around 2250 hours, the MCP-01 gas riser failed resulting in a third major explosion.
    [Show full text]
  • 3Q11 Analyst Presentation: Script & Slides Investor Update
    3Q11 BP Investor update 3Q11 Analyst presentation: script & slides Fergus MacLeod: Group Head of Strategic Planning Investor Update 25 October 2011 Cautionary statement Forward-looking statements - cautionary statement This presentation and the associated slides and discussion contains forward-looking statements particularly those regarding: expected increases in investment in exploration and upstream drilling and production; anticipated improvements, increases, sources and timing in operating cash flow and margins, including generating around 50% more annually in operating cashflow by 2014 versus 2011 at US$100/bbl; divestment plans; the anticipated timing for completion of and final proceeds from the disposition of certain BP assets (including BP’s interests in Pan American Energy LLC); the timing and composition of major projects including expected start up, com pletion and margins; reductions in certain costs associated with the suspension of drilling in the Gulf of Mexico; the quarterly dividend payment; the expected total effective tax rate fo r 2 01 1; e xp ected fu ll-year 201 1 o rg anic capital expenditure and increased capital spend for the future; expectations regarding the impact on costs of rig standby charges and of turnaround and related maintenance expenditures; expectations or plans for increased investment and increased distribution to shareholders and repayment of debt; expectations for fourth-quarter refining margins; the expected level of planned turnarounds in the fourth quarter; the timing for completion of the
    [Show full text]
  • British Petroleum Securities Litigation
    Case 4:14-cv-01087 Document 1 Filed in TXSD on 04/18/14 Page 1 of 208 UNITED STATES DISTRICT COURT SOUTHERN DISTRICT OF TEXAS HOUSTON DIVISION LOUISIANA STATE EMPLOYEES’ MDL 2185 RETIREMENT SYSTEM, TEACHER RETIREMENT SYSTEM OF TEXAS, ING Case No. 4:10-MD-2185 (L) SICAV, for and on behalf of ING (L) INVEST ENERGY, ING (L) INVEST EUROPE HIGH DIVIDEND, ING (L) INVEST EUROPE OPPORTUNITIES, and COMPLAINT ING (L) INVEST GLOBAL HIGH DIVIDEND, ING FUND MANAGEMENT DEMAND FOR JURY TRIAL B.V. and ING BEWAAR MAATSCHAPPIJ I B.V., for and on behalf of ING ENERGY BASIS FONDS, ING EUROPA BASIS FONDS, ING DIVIDEND AANDELEN BASIS FONDS, ING GLOBAL EQUITY BASIS FONDS, ING INSTITUTIONEEL DIVIDEND AANDELEN BASIS FONDS, STICHTING PENSIOENFONDS ABP, STICHTING DEPOSITARY APG DEVELOPED MARKETS EQUITY POOL, STICHTING TOT BEWARING CORDARES SUBFONDS AANDELEN EUROPA ACTIEF BEHEER, STICHTING BEWAARNEMING APG-IS 1, and NORGES BANK, Plaintiffs, v. BP p.l.c., BP AMERICA, INC., BP EXPLORATION & PRODUCTION, INC., ANTHONY B. HAYWARD, ANDREW G. INGLIS, ROBERT MALONE, DAVID RAINEY and DOUGLAS J. SUTTLES, Defendants. Case 4:14-cv-01087 Document 1 Filed in TXSD on 04/18/14 Page 2 of 208 TABLE OF CONTENTS Page I. INTRODUCTION .............................................................................................................. 1 II. JURISDICTION AND VENUE ......................................................................................... 7 III. THE PARTIES...................................................................................................................
    [Show full text]
  • NEWS RELEASE Office of Public Affairs
    U.S. Department of the Interior Minerals Management Service NEWS RELEASE Office of Public Affairs NEWS MEDIA CONTACT FOR IMMEDIATE RELEASE Eileen Angelico, 504/736-2595 Tuesday, August 14, 2007 Caryl Fagot, 504/736-2590 Drilling Activity Hits New High in Ultra-Deep Gulf of Mexico NEW ORLEANS – A record number of drilling rigs are currently working in ultra-deepwater in the Gulf of Mexico. “For the first time, 15 rigs are drilling for oil and gas in 5,000 feet of water or greater in the Gulf,” MMS Director Randall Luthi announced today. “The continued increase in drilling activity is a show of confidence in the resource potential of the Gulf’s ultra-deepwater frontier.” While drilling activity in deepwater remains strong, advances have also been made in the production area. In July 2007, gas production started on Independence Hub, a semi-submersible platform located in 8,000 feet of water and operated by Anadarko. The deepest production platform ever installed and also the world’s largest offshore natural gas processing facility, Independence Hub project will produce natural gas from 15 subsea wells when fully operational. Before Independence Hub’s start-up, the production facility in the deepest water depth was the Na KiKa floating production system located in 6,340 feet of water, operated by Shell and BP. Currently, 70 percent of the Gulf’s oil production comes from leases in water depths greater than 1,000 feet while 40 percent of the natural gas production in the Gulf comes from leases in those same water depths. As of April 2007, the Gulf’s daily production was estimated at 1.3 million barrels of oil per day and 7.7 billion cubic feet of gas per day.
    [Show full text]
  • October 2007 Explorer
    Vol. 28, No. 10 October 2007 Synergy Our unique spectrum of superior geophysical technology now brings you the best insight. cggveritas.com OCTOBER 2007 3 On the cover: A beautiful picture for a beautiful play. The Gulf of Mexico – both onshore and, in increasingly deeper and deeper waters, offshore – continues to be the defining story for U.S. exploration. This month’s EXPLORER, featuring our annual Gulf Coast editorial emphasis, offers a variety of stories of the region that paint a picture of challenges and success. The cover shot, incidentally, is of Apache's Tarantula Field, located at South Timbalier 308, courtesy of Apache Corp. It’s a small world after all: The Gulf of Mexico, challenging 8 and enormously potent, is attracting an international slate of Photo by Neil Wicker explorers to its deep targets. It looks deserted here, but this area of the South Carolina coast provides the setting for one of AAPG’s most popular field seminars: “Modern Terrigenous Clastic Depositional Environments.”You say you want details? They’re coming, in the 2008 On your mark, get ready … Companies who bid in the recent 12 AAPG education catalog, which will be part of the November EXPLORER. For now, Gulf of Mexico lease sale were focused – with good reason. watch for education department updates online at www.aapg.org. Everything old is new again: Louisiana’s Sligo Field, 18 discovered in the 1930s, has benefited from a modern technological makeover. AAPG Addressing Old data combined with modern 3-D seismic helped create 22 an exploration success story in Corpus Christi Bay.
    [Show full text]
  • Presentation Slides and Script Pdf / 1.6 MB
    BP 4Q11 Results and 2012 Strategy Script and slides BP 4Q11 & 2012 Strategy presentation Bob Dudley: Group Chief Executive SECRET 2011 Results and Strategy Presentation 20117 February 2012 Results and Strategy Presentation 7 February 2012 1 Good afternoon everyone and thank you for joining us today. Welcome to BP’s 2011 Results and Strategy presentation. We are very pleased to have you with us, whether in person, over the phone or on the web. For those here in our new venue at Canada Square, in east London, you will have seen behind me our safety evacuation guidelines. There are more details in the safety briefing card handed to you at reception. We’re not planning to test the alarm system today, so if you hear it, please proceed as advised by these instructions. May I also ask you to turn off your mobile or cell phones at this point. With me on stage I have Brian Gilvary, whom I am very pleased to introduce as BP’s new Chief Financial Officer, and Iain Conn, our Chief Executive of Refining & Marketing. In the audience we have our Chairman, Carl-Henric Svanberg and members of our Executive Team who will host the break-outs after this session and join us for Q&A later this afternoon. 1 BP 4Q11 Results and 2012 Strategy Script and slides Cautionary statement Forward-looking statements - cautionary statement This presentation, including the video presentation regarding Project 20K, and the associated slides and discussion contain forward-looking statements, particularly those regarding: expectations regarding financial momentum in 2013 and
    [Show full text]