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Noble rig leaves U.S. Gulf for Brazil
Fuel Fix ^ | March 4, 2011 | Brett Clanton

Posted on 03/04/2011 11:13:03 AM PST by thackney

Noble Corp. in January announced plans to move one of its deep-water drilling rigs out of the Gulf of Mexico amid a spill-related slowdown in activity. This week, the Swiss-based driller made good on its promise.

It loaded the Noble Clyde Boudreaux, an ultra-deepwater semisubmersible, on a ship in Pascagoula, Miss., that will carry the rig 5,000 miles to Brazil, where it has a contract with Shell.

That new contract, starting in April, will last for a year and is $290,000 per day less than the previous Gulf lease, Noble said.

Noble, Diamond Offshore and other offshore drilling contractors have recently moved rigs out of the U.S. Gulf of Mexico in response to regulatory delays in issue new drilling permits in the wake of the BP oil spill last year.

Last week, the Interior Department approved the first deep-water drilling permit since a five-month moratorium on the practice was lifted in October. But the oil and gas industry says the process must move faster or more rigs will leave, jobs will be lost and U.S. offshore oil production will decline.

Officials with the Interior’s Bureau of Ocean Energy Management, Regulation and Enforcement deny they are stalling and dispute industry claims there is a backlog of permits awaiting approval. They contend the permitting process is necessarily taking longer than it did prior to the deadly BP blowout. Operators must prove they can comply with tougher safety and environmental rules implemented after the disaster, the bureau said.


TOPICS: News/Current Events
KEYWORDS: 201010; 201101; 201103; brazil; drilling; energy; gulfcoast; gulfofmexico; moratorium; nautralgas; noble; nobleclydeboudreaux; nobleco; noblecorp; offshore; oil; pascagoula; petrobras; semisubmersible; shell; shelloil; soros

1 posted on 03/04/2011 11:13:05 AM PST by thackney
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To: thackney

Ozombie WILL destroy this country’s ability to have energy!!

It is time this country got rid of the EPA and the DOE!!!
Time for them to lose THEIR jobs!!

The appearance of stupidity is a calculated deceit.


2 posted on 03/04/2011 11:15:53 AM PST by TruthConquers ( Delendae sunt publicae scholae)
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To: thackney

Looks like Obama, Salazar and the enviros are accomplishing what they started out to do.


3 posted on 03/04/2011 11:16:18 AM PST by jazusamo (His [Obama's] political base---the young, the left and the thoughtless: Thomas Sowell)
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To: thackney

> Operators must prove they can comply with tougher safety
> and environmental rules implemented after the disaster,
> the bureau said.

Then they’ll just pick up and go to Brazil, where they do not have to do any such thing.

Meanwhile, the Chinese and Cubans will be drilling diagonally from offshore Cuba to tap into the oil that the US government denies to American interests.

Way to go, team 0bama.


4 posted on 03/04/2011 11:16:45 AM PST by Westbrook (Having children does not divide your love, it multiplies it.)
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To: thackney
Good Riddence! We didn't need the jobs, oil, and resulting tax revenues anyway.

/s

5 posted on 03/04/2011 11:17:08 AM PST by Drill Thrawl (I don't prep for the disaster. I prepare for the rebuilding.)
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http://rigzone.com/data/rig_detail.asp?rig_id=497

Rig Name: Noble Clyde Boudreaux
Rig Manager: Noble Drilling
Rig Owner: Noble Drilling
Competitive Rig: Yes
Rig Type: Semisub
Semisub Generation: 5
Rig Design: Friede & Goldman Modified 9500 Enhanced Pacesetter
Rated Water Depth: 10,000 ft
Drilling Depth: 35,000 ft


6 posted on 03/04/2011 11:17:20 AM PST by thackney (life is fragile, handle with prayer (biblein90days.org))
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To: thackney

More jobs setting sail. Hussein destroying America helped by idiots serfs who watch Obama TV including Prince AL AWaleed’s Fox News.


7 posted on 03/04/2011 11:17:39 AM PST by Frantzie (HD TV - Total Brain-washing now in High Def. 3-D Coming soon)
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To: thackney
http://obamiconme.pastemagazine.com/entries/images/97/0b/800153/original_image.png?1234664805
8 posted on 03/04/2011 11:18:42 AM PST by KC_Lion (America is on the Brink of War with itself, and no one seems to notice or care.)
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To: Frantzie

Both Noble and Transocean already moved their corporations to Switzerland to improve their profits and avoid US taxation and over regulation.


9 posted on 03/04/2011 11:19:05 AM PST by Oldexpat
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To: TruthConquers

The GOP should cut the DOE and EPA budget by at least 50%.


10 posted on 03/04/2011 11:19:33 AM PST by Frantzie (HD TV - Total Brain-washing now in High Def. 3-D Coming soon)
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To: TruthConquers

Cracks me up to see an SUV go by with an Obama bumper sticker. The sheeple have spoken and the sheeple will just have to suck it up. Pray for America.


11 posted on 03/04/2011 11:20:22 AM PST by dogcaller
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To: thackney
[The Dept. of the Interior] contend the permitting process is necessarily taking longer than it did prior to the deadly BP blowout. Operators must prove they can comply with tougher safety and environmental rules implemented after the disaster, the bureau said.

Yeah, right. Meanwhile gas prices are rising over $3.50/gallon while some bureaucrat shuffles unnecessary paper in Washington. Remember that "Hope and Change" BS so many people swallowed a few years ago? Well, for most of us, the Hope part has totally evaporated and the Change that has happened is a vastly different package than we were promised. My Hope now is that people get a little smarter before they walk into the next election booth.

12 posted on 03/04/2011 11:21:25 AM PST by econjack (Some people are as dumb as soup.)
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To: Oldexpat

I would too. Also if I had to live in Gulf Coast or Switzerland - I will take Switzerland over New Orleans any time.


13 posted on 03/04/2011 11:22:08 AM PST by Frantzie (HD TV - Total Brain-washing now in High Def. 3-D Coming soon)
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To: thackney

Thanks for posting that picture of the rig.

Now imagine what the towing cost is for that monster to go 5000 miles to Brazil.

Once it is there, it will take years of operation to make that expense back.


14 posted on 03/04/2011 11:22:45 AM PST by Texas resident (Hunkered Down)
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To: thackney

Obama is patting himself on the back for getting rid of another deep water drilling rig.

We have to be mindful of the fact that Obama and the leftist Democrats have a very different view of the world.

In order for Obama to impose “green” (as in expensive) energy upon the voters he needs to have the price of cheap energy skyrocket.

When Obama cuts the oil supply by forcing drilling rigs to leave, then we are vulnerable to world price rises as we are seeing now.


15 posted on 03/04/2011 11:22:50 AM PST by Presbyterian Reporter
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To: econjack

No. ALL of TV supports obama and the sheep get their reality from TV.


16 posted on 03/04/2011 11:23:58 AM PST by Frantzie (HD TV - Total Brain-washing now in High Def. 3-D Coming soon)
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To: Texas resident
Usually they will be shipped like this:


17 posted on 03/04/2011 11:27:56 AM PST by thackney (life is fragile, handle with prayer (biblein90days.org))
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To: Texas resident
it will take years of operation to make that expense back.

No, it won't. This rig will likely make more than $400,000 per day.

http://rigzone.com/data/dayrates/

18 posted on 03/04/2011 11:30:33 AM PST by thackney (life is fragile, handle with prayer (biblein90days.org))
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To: thackney

You’re just a dirty racist!


19 posted on 03/04/2011 11:33:17 AM PST by pabianice
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To: Drill Thrawl

Ethanol and unicorn farts are the future!


20 posted on 03/04/2011 11:33:32 AM PST by WOBBLY BOB ( "I don't want the majority if we don't stand for something"- Jim Demint)
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To: TruthConquers

I’m surprised Obozo, the EPA and related libtards didn’t have a parade to see the rig off. 2012 cannot arrive soon enough.


21 posted on 03/04/2011 11:35:51 AM PST by RobertClark (On a long enough timeline the survival rate for everyone drops to zero.)
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To: pabianice
They are probably just trying to get there before Carnival.

http://www.rio-carnival.net/

22 posted on 03/04/2011 11:36:36 AM PST by thackney (life is fragile, handle with prayer (biblein90days.org))
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To: thackney

Just another in a long list of dismal predictions made by Glenn Beck that has come true...


23 posted on 03/04/2011 11:41:02 AM PST by surfer (To err is human, to really foul things up takes a Democrat, don't expect the GOP to have the answer!)
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To: thackney

The Bodreaux and Amos Runner were sister ships and not DP or dynamically positioned. They were also old submersibles that were converted to semi subs and for deepwater they were not good as they had no deck space. DP drillships are better in the gulf and there is lots of them coming.

In addition, the new requirements are for double shear rams. Maybe their BOP didnt have one and they didnt want to buy a new one since the waiting time for BOPs is 2 years and the costs exorbitant. The derrick loads on the runner and bodreaux were 1.5 M which were low compared to the new drill ships with 2.5 M. It is probably better off in Brazil.


24 posted on 03/04/2011 11:41:19 AM PST by oilfieldtrash
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To: thackney

The Bodreaux and Amos Runner were sister ships and not DP or dynamically positioned. They were also old submersibles that were converted to semi subs and for deepwater they were not good as they had no deck space. DP drillships are better in the gulf and there is lots of them coming.

In addition, the new requirements are for double shear rams. Maybe their BOP didnt have one and they didnt want to buy a new one since the waiting time for BOPs is 2 years and the costs exorbitant. The derrick loads on the runner and bodreaux were 1.5 M which were low compared to the new drill ships with 2.5 M. It is probably better off in Brazil.


25 posted on 03/04/2011 11:41:30 AM PST by oilfieldtrash
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To: oilfieldtrash

So they likely will only get $325,000 per day?


26 posted on 03/04/2011 11:43:26 AM PST by thackney (life is fragile, handle with prayer (biblein90days.org))
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To: thackney

They were getting 390K before. They werent worth that much. In a deepwater well in the GOM you want the 13.625 at the bottom of the salt. They didnt have the derrick capacity.

In 8000 feet of water, you need lots of riser. They didnt have the deck space for all the riser. Logistics were difficult.


27 posted on 03/04/2011 11:57:55 AM PST by oilfieldtrash
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To: thackney
That subsalt Brazil play looks to be huge, so I see the reason to pay for the move. But, we have our own subsalt play in the Gulf that I am sure will surprise us someday with some large fields if we can ever look through all that damn salt with seismic. We need to grab this rig as soon as possible: Noble Corp. to construct ultra-deepwater drillship
28 posted on 03/04/2011 12:05:13 PM PST by epithermal
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To: thackney

Doesn’t this benefit George Soros? I thought I read somewhere that he is heavily involved in drilling off the coast of Brazil. Hmmm, funny how that worked out.


29 posted on 03/04/2011 12:08:03 PM PST by nolongerademocrat ("Before you ask G-d for something, first thank G-d for what you already have." B'rachot 30b)
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To: oilfieldtrash

Thanks for the perspective and info.


30 posted on 03/04/2011 12:08:25 PM PST by thackney (life is fragile, handle with prayer (biblein90days.org))
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To: thackney

The sales are not finalized in the Soros to Obama using taxpayer moneis to fund petrobras.


31 posted on 03/04/2011 2:40:36 PM PST by NoLibZone (Impeach Obama. Then try him for treason.)
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To: thackney

The U.S. is going to lend billions of dollars to Brazil’s state-owned oil company, Petrobras, to finance exploration of the huge offshore discovery in Brazil’s Tupi oil field in the Santos Basin near Rio de Janeiro. Brazil’s planning minister confirmed that White House National Security Adviser James Jones met this month with Brazilian officials to talk about the loan.

http://online.wsj.com/article/SB10001424052970203863204574346610120524166.html


Soros’s Oil Spill Payoff

Posted by Tait Trussell on Jun 22nd, 2010 and filed under FrontPage. You can follow any responses to this entry through the RSS 2.0. Both comments and pings are currently closed.
Print This Post Print This Post

Within 48 hours after President Obama issued the six-month moratorium on deep-water drilling, the George Soros-backed Brazilian oil company, Petrobras, contacted a large New Orleans company, Laborde Marine, which services the deep-water drilling market. The company was seeking to lease all its vessels. “If the moratorium on deep-water drilling is not lifted, 33 semi-submersible rigs and/or drill ships affected will simply go to other countries where they will be well received, such as Brazil,” Cliffe F. Laborde and J. Peter Laborde, Jr. wrote in a June 4 letter to their Louisiana Senators.

Could this be merely a happy coincidence for George Soros, the major financial backer of Obama’s presidential campaign who also has $811 million invested in the Brazilian oil company, Petrobras? Wasn’t it enough of a payback to Soros when the Obama Administration loaned up to $10 billion to Petrobras?

Soros, with his far left-wing organization, MoveOn, is called the Godfather of world socialism. But most relevant currently is that he has been an enthusiastic proponent of global warming and environmental liberalism. He has urged adoption of a global carbon tax. Could it be more than coincidence that his position is strikingly similar to what Obama called for in his June 14 Oval Office speech on the Gulf oil spill and future energy actions?

http://frontpagemag.com/2010/06/22/soros-oil-spill-payoff/


32 posted on 03/04/2011 2:43:27 PM PST by NoLibZone (Impeach Obama. Then try him for treason.)
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