Posted on 03/04/2011 11:13:03 AM PST by thackney
I’m surprised Obozo, the EPA and related libtards didn’t have a parade to see the rig off. 2012 cannot arrive soon enough.
Just another in a long list of dismal predictions made by Glenn Beck that has come true...
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.
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.
So they likely will only get $325,000 per day?
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.
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.
Thanks for the perspective and info.
The sales are not finalized in the Soros to Obama using taxpayer moneis to fund petrobras.
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.
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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/
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