Monday, February 18, 2013

Ecnomic Letter Policy Auten Goolsby

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Academic Summary

Comp 150

R.B. Moreno

BP inunct spill, Deep Water Horizon

After the wipeout to southern states elbow greased by the Deep Water Horizon oil spill people were frustrated and took the usual first step, looking at for some integrity to blame. A bipartisan commission was put to nameher to investigate if whateverone involved made irresponsible decisions leading to the wholesome failure. Although the investigation is ongoing it was made clear that no one person or host of people was guilty of any wrongdoing. Although there may not have been a group of wall street style bigwigs sitting in a leather clad penthouse office choosing a bonus everywhere safety corners may still have been cut.

Many anoint industry experts have been quoted in various publications saying the nigh likely cause responsible for the blowout is the well cementing failing. Although Halliburton has declined point out across the board as far as newspapers and other publications go oil industry professionals such as Robert MacKenzie, managing handler of energy and natural resources at FBR Capital Markets and a author cementing engineer have made comment.

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The initial likely cause of gas coming to the surface had something to do with the cement, It appears the the cementing process has been less(prenominal) than effective for many years. A study in 2007 do by three U.S mineral Service officials over a period of 14 years showed a staggering 18 of 39, nearly half of blowouts were caused by cement failures. Why is it that this isnt a focus of attention?

The company contracted to drill and cement the well head is the global industries largest, Houston based Halliburton. Halliburton finished the cementing weeks originally the blowout occurred. Halliburtons track record leaves much to be desired. In August off the shore of Australia in the Timor Sea a rig that exploded and dumped tens of thousands of barrels over 10 weeks before it was shut down was also cemented by contractor...If you want to get a full essay, order it on our website: Orderessay



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