Extract from ATP press release dated May 6, 2010:
"Gulf of Mexico Update: Impact of the BP MC252 ("Macondo") Oil Spill
ATP is experiencing minimal impact on its operations and production, and sales of oil and gas as a result of the recent oil spill. ATP's Gomez and Telemark Hubs are not in the path of the sheen. Production from the Gomez and Telemark Hubs is transported by subsea pipelines to onshore south Louisiana approximately 100 miles west of the spill site. The ATP platforms that serve the Gomez and Telemark Hubs are over 60 miles west and south of the spill site. It is reported that the sheen is moving in a northeasterly direction away from the Gomez and Telemark Hubs. ATP's Canyon Express Hub, which is 30 miles to the east, continues to operate safely without interruption from the oil spill. ATP's remaining producing properties are all located to the west and out of the path of the sheen.
As expected, Gulf of Mexico service companies are preferentially providing services and materials to address the conditions of the oil spill. While not expected, it is possible that ATP may experience schedule adjustments to its development operations as a result of the preferential provision of services and materials to the cleanup efforts."
It can certainly be argued that BP, Transocean et al should reimburse ATP for the costs of the "minimal impact" that the Macondo spill had on the company's operations, production and sales. Needless to say, such costs are not likely to amount to all that much. Personally, I think JUSTICE would be served if BP paid those costs. However, I doubt if that is the kind of JUSTICE that you have in mind. I suspect that your kind of JUSTICE comes at a much higher price. |
