certainly, but there needs to be better regulations and safety rules.
The industry has gone many years without a big leak.
Pros of Deep-Water Offshore Oil Drilling:1. Deep-water offshore oil drilling will result in greater domestic production. More offshore drilling will lead to greater domestic oil production and less reliance on imported oil, much of which comes from politically unstable regions.2. An increased supply of oil will lower gasoline prices. Offshore drilling will increase the supply of oil, resulting in lower gasoline prices.3. The state will benefit, as increased drilling results in increased governmental revenues, via royalties. Opening restricted areas to offshore oil production will generate billions in state and federal revenues through royalties.4. Improvements have been made to technology and are being made to technology in order to lower the rate of oil spills and the risk of environmental hazards. There has been a lower occurrence of oil spills in the last four decades. Technologies are being developed in order for oil drilling to be done without damaging the environment and/or disturbing the plant and animal habitats.5. The field of deep-water offshore drilling creates jobs for America's workers. Drilling itself and development of land after the process will help in engaging people, thus creating jobs for hundreds of citizens.Cons of Deep-Water Offshore Oil Drilling:1. The oil found in offshore oil drilling barely reduces the United States' dependence on foreign oil imports. The US requires approximately 8 billion barrels of oil per year to meet its current needs; deep-water offshore drilling, in its conventional form, is expected to bring in only 18 billion barrels total.2. Offshore oil drilling will not guarantee lower gas prices. Gas prices are affected by too many other variables to assume that changing one factor will significantly change the result.3. Offshore drilling results in oil spills.3a. Deep-water offshore drilling is associated with oil spills; both major and minor oil spills harm the surrounding environment greatly. Spills most often occur when oil is being transported to land via oil tanker, but damaged pipelines or the platform itself may also cause spills. Such spills are a massive drain on both resources and energy, as well as a real and pressing danger to the environment.3b. Oil spills, despite improved technologies, are still common and predicted occurrences. At current extraction rates, it is predicted that in the Gulf of Mexico there will be one oil spill per year of no less than 1000 barrels over the next 40 years.4. Offshore drilling is challenging to keep up, as it requires keeping manned facilities above water and disposing of oil rigs is costly. Challenges include the scale of construction required for functional facilities and the need for facilities located in the water where the oil would be extracted from sand, which would demand extra funds and efforts. Removing platforms and pipelines no longer in use is extremely costly.5. Carbon emissions will increase. Expanded offshore drilling will not reduce emissions of carbon dioxide, which contributes to warmer global temperatures.
The company man on an offshore drilling rig has the responsibility to supervise the execution of the approved drilling program, including all revisions made by drilling engineers. He is the top representative of the oil company which has hired or contracted other companies to drill the well. In the case of the BP oil spill, BP contracted Transocean for the rig and drilling of the well. BP contracted Halliburton to cement in the well. Each of these contractor companies keep the company man informed of what they are doing, and if they have problems, the company man must be informed and has final approval authority. In BP's case, and generally in most drilling operations, there is a morning meeting between the rig and the land based office, where the days activities are discussed. In BP's case, if the company man asks one of the contracting companies to do something not agreed upon or considered unsafe, the contracting company can refuse. The company man has many administrative activities, including compliance to all legal and safety regulations. In this regard, he works very closely with the Offshore Installation Manager, who is the drilling contractor's top manager. Finally, there are two company men onboard an offshore rig at all times, one for the day shift and one for the evening shift.
BP will continue exploratory drilling, including deepwater drilling in the Gulf of Mexico, Angola, Brazil and China.
have you tryed drilling a slot?
Drilling fluids circulating mud system is an important and obligatory constituent part in the modern drilling equipment, it can keep the mud normal circle and stable performance in drilling process, ensure drilling works on the premise of safety, environmental protection and high efficiency.
"GOLDEN OFFSHORE DRILLING" is a fake company????? They are scammers and dup people by offering Fraudulent with lucrative salary & HRA Above claimed employer's HR Manager Mark Anthony has been in practice to keep seending Job offer to Indians and aslo advise to assist Visa process through their nominated agent (Elvice Stan & Edward Marfil) in British High Council in New Delhi. Belive me am a victim of their wrong doing and got cheated by theses frauder!!! All concern.... do not send them any money else yu will loose your money by their false promises and assurances. Thanks.
Keep drilling for more oil.
If you have had security issues in the past, then an offshore bank account would be a good idea. however if you feel that your money would be safe it would be easier to keep it in the same bank account.
Barium sulfate and is mostly used as "drilling mud" to keep oil and gas from escaping.
There are many factory jobs that are being sent offhshore because labor is very sheap in other countries. There are still some companies who are loyal to Americans and keep their factory work here in the states so there is job security.
You can prevent a gas company from drilling on your property by negotiating a lease agreement with terms that do not allow drilling or by seeking legal advice to explore options for protection under local zoning laws or regulations. You may also consider discussing alternative solutions with the gas company, such as offering to lease a different location on your property for drilling activities.
To keep the rig tirning right to ensure enough personnel and equipment are available at the right time. to keep the personnle from being hurt, keep the Well controlled and to keep the environment safe.