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Gold/Mining/Energy : Strictly: Drilling and oil-field services -- Ignore unavailable to you. Want to Upgrade?

To: Razorbak who wrote (58904)	1/23/2000 10:50:00 AM
From: Aggie	Read Replies (2) \| Respond to of 95453

Razorback, hello and Happy New Year More on the Sedco debacle: Saturday January 22, 10:20 pm Eastern Time Cleanup of Gulf oil spill pursued near Louisiana HOUMA, La., Jan 22 (Reuters) - Action was being taken Saturday to disperse more than 94,000 gallons of crude oil that spilled when the anchor of a submersible drilling rig ruptured a pipeline in the Gulf of Mexico about 120 miles south of New Orleans, the Coast Guard said. The accident Friday shut down the Poseidon Pipeline, operated by Equilon Pipeline Co., and a nearby drilling platform, authorities said. Poseidon is owned by Equilon Pipeline, Marathon Oil Inc. (Toronto:M.TO - news) and Leviathon. Shell Oil is also listed as a partial owner, the Coast Guard said. Transocean Sedco Forex Inc.(NYSE:RIG - news) of Houston owns the drilling rig, and the shut-down platform is owned and operated by Leviathon, the Coast Guard reported. Chemical dispersants were being used to try to break up the 7-mile-long sheen and accelerate natural degradation, authorities reported. Some residual oil located in the damaged pipeline continued to seep out, they said. No information was available on when the pipeline would be repaired or how much crude normally moves through it. Don't know the specifics of the pipeline and facility, but this is about 2,240 bbls of crude that was spilled. Considering that the pipeline was likely under pressure at the time, I would guess that the response by the platform was pretty quick for shutting down production. It takes longer than you think to bleed off a few miles of pipeline once it's ruptured, and the volumes can be considerable. I hope this thing disipates with minimal impact, and the application of the dispersant will help. I would imagine they have the boats out there churning things up with the thrusters as well, sometimes that really helps. It would appear that no shore fall is expected. It would be interesting to know how this transpired. Sometimes operators will try to economize by selecting anchor handling boats which are too small for the work at hand. The DF96 is an old 10-point mooring system with fairly small anchors (only needs a smaller boat), but with her design she has a large exposure to wind and current (needs a big boat to stay on station while anchors are run). I'll keep my ear to the old RR track. Regards to all, B2K (boom boom)is on the way (boom boom)and once in play (boom boom)it's here to stay(boom boom). Rap Aggie