Tuesday, March 1, 2011

U.S. grants deepwater drill permit

Nice, its a start.
there should be a buttload of permits be handed out right now.
The U.S. government announced Monday the grant of a deepwater drill permit to Houston-based Nobel Energy.

It is the first new permit for deepwater oil drilling in the Gulf of Mexico since the British Petroleum oil spill last year.

According to Michael Bromwich, director of the U.S. Bureau of Ocean Energy Management, Regulation and Enforcement, the permit was given because Noble Energy showed it could safely drill a well at the Santiago prospect, located 70 miles off the Louisiana coast.

The Noble well is 6,500 feet under the Gulf of Mexico.

Since the April blast aboard BP’s Deepwater Horizon rig that killed 11 people and is considered one of the worst oil spills in history and the imposition of new safety measures in June, Washington has approved 37 shallow water drilling permits.


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