This page has been archived and commenting is disabled.

No Diamond Offshore Rig Spill

Tyler Durden's picture




 

Remember that alleged Diamond Offshore Ocean Saratoga rig "spill" that CNBC made such a big hoopla over and which we were quite skeptical about? Score one for the propaganda disinformation station... at least temporarily. DO just went on the record confirming there are no leaks from the Ocean Saratoga. From the press release: "As reported by Taylor Energy, the wells were covered by more than 100 feet of mud and sediment and only four wells were capable of production without pressure assistance. The associated surface sheen was minimal and never made landfall. As a result of deploying three subsurface containment domes and performing six successful well interventions, the initial average observed sheen volume of nine gallons per day has been substantially reduced." But at least in the media frenzy, which coincided with Goldman's downgrade of the entire sector, the Goldman prop team succeeded in buying up all the DO stock on the cheap it wanted. Congratulations CNBC, you were blatantly used once again.

From RigZone:

Diamond Offshore confirmed that there have been no leaks of hydrocarbons from the semisubmersible drilling rig Ocean Saratoga. The rig is under contract to Taylor Energy Company and engaged in the process of plugging and abandoning wells damaged when a Taylor Energy production platform was toppled during Hurricane Ivan in 2004.

As previously announced by Taylor Energy, Taylor is continuing its ongoing well intervention program, using the Diamond Ocean Saratoga, with full approval from Unified Command. The well intervention program at Mississippi Canyon Block 20 is the result of the destruction of a production platform caused by a mudslide triggered by Hurricane Ivan. The platform was toppled by a subsurface mud slide triggered by storm surges with 100 foot waves.

As reported by Taylor Energy, the wells were covered by more than 100 feet of mud and sediment and only four wells were capable of production without pressure assistance. The associated surface sheen was minimal and never made landfall. As a result of deploying three subsurface containment domes and performing six successful well interventions, the initial average observed sheen volume of nine gallons per day has been substantially reduced.

Unidentified aircraft took photos this weekend that incorrectly reported an oil leak coming from the drilling rig Ocean Saratoga. At the time of these photos, Taylor Energy was actually conducting marine operations on site with a 180 foot dynamically positioned workboat for regularly scheduled subsea containment system drainage. The tanks mistakenly characterized as containing dispersants on the boat's deck, were actually tanks to store and transport the collected oil as it was pumped from the underwater storage system.

"The effort is continuing as directed by the Unified Command," said Will Pecue, President of Taylor Energy. "We have been working consistently and successfully with MMS and the U.S. Coast Guard to address the resulting environmental impacts of one of the ten most intense hurricanes ever recorded by the National Weather Service."

 

- advertisements -

Comment viewing options

Select your preferred way to display the comments and click "Save settings" to activate your changes.
Wed, 06/09/2010 - 22:56 | 405136 pinkhouse
pinkhouse's picture

hi:

Wed, 06/09/2010 - 23:00 | 405144 snacky
snacky's picture

I completely disagree with this irresponsible and unprovable comment. Next time you could at least attempt to back up your statements, Mr. pinkhouse (if that even is your real name).

Wed, 06/09/2010 - 23:02 | 405149 MacHoolahan
MacHoolahan's picture

Where does he get off with "hi"? I'll give him "hi"...

Wed, 06/09/2010 - 23:04 | 405154 pinkhouse
pinkhouse's picture

try widening the holes in your paper bag

Thu, 06/10/2010 - 01:11 | 405292 carbonmutant
carbonmutant's picture

LOL

 

Wed, 06/09/2010 - 23:02 | 405147 aldousd
Wed, 06/09/2010 - 23:51 | 405223 pinkhouse
pinkhouse's picture

hi

Thu, 06/10/2010 - 02:41 | 405370 merehuman
merehuman's picture

so that huge , long slick i didnt see, didnt come from the saratoga, where i didnt see the beginning of it. Pictures dont lie, i saw the slick . Its very long and obvious. Must be natural, right.

Wed, 06/09/2010 - 22:56 | 405138 Nolsgrad
Nolsgrad's picture

but Becky "Dble B's" said......

Wed, 06/09/2010 - 23:15 | 405171 buzzsaw99
Wed, 06/09/2010 - 23:47 | 405218 thesapein
thesapein's picture

rael purdy to

Thu, 06/10/2010 - 01:12 | 405294 carbonmutant
carbonmutant's picture

Don't you guys know what texture mapping is?

Thu, 06/10/2010 - 03:57 | 405416 pinkhouse
pinkhouse's picture

hi:

Wed, 06/09/2010 - 23:51 | 405224 thesapein
thesapein's picture

Remember when news was news, instead of all of this opaque window dressing? Oh, wait. I just dreaming...

Thu, 06/10/2010 - 02:24 | 405353 Popo
Popo's picture

Someone, somewhere is wondering if we can squeeze a rally out of this news.

Thu, 06/10/2010 - 03:56 | 405412 Rusty Shorts
Rusty Shorts's picture

-

Thu, 06/10/2010 - 03:57 | 405417 pinkhouse
pinkhouse's picture

herro:

Thu, 06/10/2010 - 04:07 | 405422 Gordon_Gekko
Gordon_Gekko's picture

Via http://blog.skytruth.org/

"UPDATE 6/8/10 3:30pm - This blogger uses some interesting language, but reports that the Ocean Saratoga is working to plug a well that had been damaged by Hurricane Ivan in 2004. No explanation why there would be oil in the water as a result of this plugging operation. This also doesn't explain the possible leak we see on multiple satellite images of Platform 23051.

UPDATE 6/9/10 7:15pm - Some media reports are misrepresenting SkyTruth's work: we never claimed the Ocean Saratoga was leaking oil; our satellite image analysis indicates a possible persistent leak at or near Platform 23051, which is in the same general vicinity in the Gulf. These are two separate structures - one is a mobile drilling unit (MODU), the other is a fixed platform."

Thu, 06/10/2010 - 10:08 | 405763 JW n FL
JW n FL's picture

http://1.bp.blogspot.com/_edvxM1dkFlo/TAel0DkD4BI/AAAAAAAAAfg/EwqjRVPVkZ4/s1600/SkyTruth_platform23051_25apr10-18may10.jpg

***** "Unidentified aircraft took photos this weekend that incorrectly reported an oil leak coming from the drilling rig Ocean Saratoga. At the time of these photos, Taylor Energy was actually conducting marine operations on site with a 180 foot dynamically positioned workboat for regularly scheduled subsea containment system drainage." ***** From RigZone:

So, too quote from above... "so that huge , long slick i didnt see, didnt come from the saratoga, where i didnt see the beginning of it. Pictures dont lie, i saw the slick . Its very long and obvious. Must be natural, right."

By, merehuman...

Thank God that the rig is at the mouth of the mississippi, thusly the water flowing from the river pushes the oil away from land... so the part about no land fall is true, well not LA land fall... maybe the Keys, Florida and / or Mexico...

These Rigs and the people who over work and understaff their crews... should be shot, not fired. I think when Florida... feels more of this over flow washing up, we will have a new conversation.. Alabama has 10 miles of beach front? tourism can only be so much of the States Production numbers... Florida, http://news.nationalgeographic.com/news/2010/05/100504-science-environment-gulf-oil-spill-loop-current-florida/ and the Bahamas... Cuba, God knows Cuban's don't eat fish.. too survive... not for fun like in Florida.. 

 

As the BP oil spill continues, the Gulf Coast’s fishermen, tourism industries, small businesses, and local governments are being threatened with serious economic costs.   While the total economic impact of the spill remains to be seen, it is clear that the damages will be significant, given that the tourism and fishing industries alone generate billions of dollars each year.

 

Here are just a few examples of the value of the industries to the Gulf Coast.

 

Tourism—Gulf Coast

 

1.      The value of the Gulf Coast’s tourism industry [EPA; Last Accessed 5.18.10]:

$20 billion

 


Tourism—Florida

 

2.     The value of Florida’s tourism industry [Miami Herald; Last Accessed 5.18.10]:

$60 Billion

 

3.     The percentage reductions in hotel occupancy rates between Pensacola and Panama City [Wall Street Journal; Last Accessed 5.18.10]:

30 Percent

 

4.     The estimated percentage reductions in hotel occupancy rates during Memorial Day along the Florida panhandle[1] [Wall Street Journal; Last Accessed 5.18.10]:

70 Percent


Tourism—Alabama

 

5.      The amount of money spent by tourists on Alabama’s beaches in 2008 [Reuters; Last Accessed 5.18.08]

$2.3 Billion

 

6.     The number of workers supported by tourists on Alabama’s beaches in 2008 [Reuters; Last Accessed 5.18.08]

41,000

 

7.     Percentage of cancellations already being recorded on Dauphin Island where the first tar balls came ashore [Wall Street Journal; Last Accessed 5.18.08]:

50 Percent


Tourism—Louisiana

 

8.     The amount of money domestic travelers spent in Louisiana in 2008 [Louisiana Office of Tourism; Last Accessed 5.18.10]:

$9.3 Billion

 

9.      The amount of tax revenue for generated by domestic travel in Louisiana for federal, state, and local governments in 2008 [Louisiana Office of Tourism; Last Accessed 5.18.10]:

$1.1 Billion

 

10.  Number of Louisiana’s 64 parishes that received over $100 million in travel expenditures in 2008 [Louisiana Office of Tourism; Last Accessed 5.18.10]:

15


Commercial Fishing—Louisiana

 

11.  The value of the commercial seafood industry in Louisiana [The Economist; Last Accessed 5.18.08]:

$2.4 Billion

 

12.  The percentage amount of seafood that Louisiana catches in the continental U.S. [Wall Street Journal; Last Accessed 5.18.08]:

40 Percent


Commercial Fishing—Gulf Coast

 

13. The size of the area in the Gulf of Mexico currently closed to fishing [Joint Information Center; Last Accessed 5.28.10]:

75,920 square miles

 

14.  The value of the commercial seafood harvest that was to begin on May 15th [Wall Street Journal; Last Accessed 5.18.10]:

$21 Billion

 

15.  The percentage amount of total U.S. seafood production coming from the Gulf Coast [Wall Street Journal; Last Accessed 5.18.10]:

20 Percent

 


Recreational Fishing—Louisiana

                                                                                                                                                              

16. The value of the recreational fishing industry in Louisiana [The Economist; Last Accessed 5.18.08]:

$1 Billion

http://dpc.senate.gov/docs/fs-111-2-93.html

Tue, 03/01/2011 - 02:57 | 1006280 robins
robins's picture

I am very much pleased with the contents you have mentioned.I wanted to thank you for this great article. I enjoyed every little bit part of it and I will be waiting for the new updates.

Child Behavior Problems Potty Training Boys Potty Training Tips Potty Training Regression

Do NOT follow this link or you will be banned from the site!