Obama/Salazar Moratorium Has Crippled Domestic Oil Production

By: Steve Maley (Diary)  |  March 24th at 07:00 AM  | 

In 2011, Gulf of Mexico oil production will under-perform the government’s pre-Macondo forecasts by 355,000 barrels per day — almost 130 million barrels for the year. In 2012, the shortfall rises to 550,000 barrels per day — 200 million barrels. That’s fully one-third of the Gulf’s oil producing capability, and over 10% of total domestic oil production. These are staggering numbers. Alaska, our #1 oil | Read More »

On the Oil Spill Commission Report

By: Steve Maley (Diary)  |  January 13th at 08:00 AM  | 

As many of you know, your humble correspondent is a veteran of 32 years of service in the oil and gas industry, currently serving as the operations manager for a small Gulf of Mexico exploration and production company. This week, the President’s Oil Spill Commission published its 380-page report on the BP blowout and spill on the Deepwater Horizon. I won’t pretend to have read | Read More »

CSI: Macondo

By: Steve Maley (Diary)  |  August 5th at 05:00 PM  | 

Remember back when BP severed the riser, so they could install the cap, the one that finally controlled the spill? Here is a photo taken by an ROV just after the severing was completed. The photo shows the outer shell of the riser, at one time a 21-inch cylinder, collapsed like a Coke can by the severing tool. Inside the collapsed riser are what appear | Read More »