Shell to develop deepest oil platform

[Judi Lynn]

Source: Reuters

Shell to develop deepest oil platform
2013-05-09 08:30

London - Royal Dutch Shell said on Wednesday it will go ahead with the world's deepest offshore oil and gas production project, pushing the boundaries of technology to produce from nearly 3.2km down in the Gulf of Mexico.

Coming three years after the Macondo oil spill disaster, Shell targets first production by 2016, demonstrating confidence in big offshore projects in spite of a downturn in oil prices.

Earlier this week, Exxon Mobil Corp flagged start-up for a $4bn project to develop the Julia oilfield, about 64km west of Stones in the Gulf's deepest waters.

But April, BP decided to delay development of its biggest new project there, Mad Dog Phase 2, citing tough market conditions and rising costs, raising questions about the possibility of wholesale project cancellations.


Read more: http://www.news24.com/Green/News/Shell-to-develop-deepest-oil-platform-20130508

[davidpdx]

1. Hmm..what could possibly go wrong?

[XemaSab]

2. The thing's called "Mad Dog?"

Nothing says that you have a commitment to safety quite like naming the project that.

[Berlum]

5. The utter, abominable arrogance of naming the freaking thing Mad Dog

That's "Republican Family Values" - SlimeyGlobal Oil Style.

[kirby]

7. Would you have preferred...

what some high paid consultant would have recommended? Such as 'Project Clean Gas' or 'Project Green Tech'

[Sunlei]

3. I do not understand why with all the 'easy crude' around the world anyone would even fund this??

must be for the free gov. money, the corp welfare billions??

The gulf states have had thousands of gulf oil wells, what is there like 30,000 capped old leakie wells in the gulf? Yet those states have the crappiest schools, worse roads in America.

We should not be allowing Corps to drill anywhere the local Americans have not seen improvement in 100 years.

[SamKnause]

4. Oil

Will they be required to show us the technology they will use if a leak or blowout occurs ?

Of course not.

[Marrah_G]

6. Hey what could wrong?

[valerief]

8. Uh-oh. They'll explode the whole gulf. The world will end in 2016, it appears. nt

[fleur-de-lisa]

9. Please, don't let it be in the Gulf of Mexico . . .

I read the heading of your post, Judi Lynn, and thought to myself, "Please don't let it be in the Gulf of Mexico".

Then I read the rest of your post and the full article.

Damn, yet another risky venture by BIG OIL in my backyard. I live in New Orleans. I've stopped eating local seafood because of reports of odd stuff going on with wildlife in and around the Gulf of Mexico . . . deformed shellfish, dolphins beaching themselves, turtles that can no longer reproduce. I see such disturbing articles once in a while in more serious publications, but the national media and local reporters don't cover this. Nothing to see here, move along . . .

And all the while BP is airing their cheerful tv ads on local stations extolling the wonderful job they have done cleaning up their unprecedented disaster in the Gulf.

Goddess help us . . .

[They_Live]

10. I agree with you, I'm in TX

"pushing the boundaries of technology" with all of us taking the risk for their profit.

I don't want this!

And I am certain that we are subsidizing their project.

[AndyA]

11. Shell...the same Shell that couldn't do anything right in the Arctic?

Shell should be more familiar with the Gulf of Mexico region...they were fined $49 million in 2003 for illegally flaring and burning off large amounts of natural gas.