Marine Link
Tuesday, April 23, 2024
SUBSCRIBE

Walter Oil And Gas Corporation News

25 Jul 2013

Well Flow Plugged in Gulf of Mexico

The Bureau of Safety and Environmental Enforcement (BSEE) and the U.S. Coast Guard confirmed this morning that the leaking natural gas well 55 miles offshore Louisiana has bridged over and the gas flow stopped. The fire has decreased to a small flame fueled by residual gas at the top of the well. Bridging is a well condition where small pieces of sediment and sand flow into the well path and restrict and ultimately stop the flow. Walter Oil and Gas Corporation experienced a loss of control of Well A-3 at approximately 8:45 a.m. July 23 on an unmanned platform at South Timbalier Block 220 while doing completion work on the sidetrack well to prepare the well for production. Both BSEE and Coast Guard have conducted overflights to visually confirm.

25 Jul 2013

GoM Loss of Well Control Update

BSEE, Coast Guard Continue Response Coordination for Loss of Well Control Event and Rig Fire. The Bureau of Safety and Environmental Enforcement (BSEE) and the U.S. Coast Guard are continuing to oversee Walter Oil & Gas Corporation’s response efforts to secure the natural gas well and extinguish the subsequent fire that started after the operator’s loss of well control Tuesday. Both BSEE and Coast Guard conducted multiple overflights today to supplement responsible party flights to maintain aerial surveillance of the scene. The natural gas well continues to fuel the fire on the rig. The derrick and drill floor structure has collapsed over the rig, and a very light sheen that dissipates quickly has been observed in the ocean.

24 Jul 2013

GofM Rig Fire, Loss of Control: Latest News

Hercules 265 Rig: Photo courtesy of BSEE

The Bureau of Safety and Environmental Enforcement (BSEE) and the U.S. Coast Guard conducted multiple overflights today to supplement responsible party flights to maintain aerial surveillance of the scene. The natural gas well continues to fuel the fire on the rig. The derrick and drill floor structure has collapsed over the rig, and a very light sheen that dissipates quickly has been observed in the ocean. A water curtain is being applied by a fire-fighting vessel to the rig, not to extinguish the fire, but to provide heat protection to the rig.

24 Jul 2013

BSEE, Coast Guard Provide Response Oversight to Rig Fire

The Bureau of Safety and Environmental Enforcement (BSEE) and the U.S. Coast Guard are continuing to oversee Walter Oil & Gas Corporation’s response efforts to secure the natural gas well and extinguish the subsequent fire that started after the operator’s loss of well control yesterday morning. Both BSEE and Coast Guard conducted overflights this morning to assess the situation. Coast Guard confirmed that the fire began at 10:45 p.m. CDT July 23. There is no observed sheen on the water surface. As the rig fire continues, the beams supporting the derrick and rig floor have folded and have collapsed over the rig structure. Two firefighting vessels were in the area and re-located to a safe distance from the fire.

24 Jul 2013

Gulf of Mexico Jack-up Rig Evacuated

Hercules 265 Rig: Photo courtesy of BSEE

The Bureau of Safety and Environmental Enforcement (BSEE) & the U. S. Coast Guard have set up a Command Center in their continued response to the loss of well control event 55 miles offshore Louisiana in 154 feet of water in the Gulf of Mexico. * AM UPDATE: The Bureau of Safety and Environmental Enforcement has confirmed a fire on board the Hercules 265 Rig located approximately 55 miles offshore Louisiana. The natural gas leaking from the well ignited at 10:50 p.m. CDT July 23, 2013. No one was on board at the time of the ignition and no one was injured.

15 Dec 2006

DOI Signs Agreement on 1998/1999 Lease

ssistant Secretary of Land and Minerals Management, C. Stephen Allred signed agreements with BP, ConocoPhillips, Marathon Oil Company, Shell, and Walter Oil and Gas Corporation, addressing deepwater Gulf of Mexico offshore oil and gas leases issued in 1998 and 1999. Under the agreements these companies will pay royalties on oil and gas produced under leases issued in 1998-1999. Revenue will be received for products starting from October 1, 2006 onward. Deepwater leases issued during this time included a royalty incentive to encourage companies to explore for oil and gas in areas where the costs to explore and produce were high. The incentive allowed companies to produce a set volume of oil and gas before they would begin paying royalties.