- Jan 12, 2005
- 9,500
- 6
- 81
Circumstantial evidence indicates that Halliburton - which cemented the Deepwater Horizon's drill into place below the water only 20 hours before the blowout occurred - may be the proximal cause of the catastrophe.
http://latimesblogs.latimes.com/greenspace/2010/04/gulf-oil-spill-the-halliburton-connection.html
Clearly, the oil industry should be even more de-regulated, to allow them to innovate exciting new catastrophes for the rest of us. And lest anyone doubt the value of oil spills, just consider what a boom for the environmental clean-up industry the Deepwater Horizon incident will represent.
Drill, baby, drill!
http://latimesblogs.latimes.com/greenspace/2010/04/gulf-oil-spill-the-halliburton-connection.html
Cementing a deep-water drilling operation is a process fraught with danger. A 2007 study by the U.S. Minerals Management Service found that cementing was the single most important factor in 18 of 39 well blowouts in the Gulf of Mexico over a 14-year period -- more than equipment malfunction. Halliburton has been accused of a poor cement job in the case of a major blowout in the Timor Sea off Australia last August. An investigation is underway.
According to experts cited in Friday's Wall St. Journal, the timing of last week's cement job in relation to the explosion -- only 20 hours beforehand, and the history of cement problems in other blowouts "point to it as a possible culprit." Robert MacKenzie, managing director of energy and natural resources at FBR Capital Markets and a former cementing engineer, told the Journal, "The initial likely cause of gas coming to the surface had something to do with the cement."
In its statement, the company said, "Halliburton originated oilfield cementing and leads the world in effective, efficient delivery of zonal isolation and engineering for the life of the well, conducting thousands of successful well cementing jobs each year."
The company, which was once headed by former Vice President Dick Cheney, has been in the media spotlight before -- under under fire in recent years for its operations as a private contractor in Iraq.
Clearly, the oil industry should be even more de-regulated, to allow them to innovate exciting new catastrophes for the rest of us. And lest anyone doubt the value of oil spills, just consider what a boom for the environmental clean-up industry the Deepwater Horizon incident will represent.
Drill, baby, drill!