Planet Gore

Halliburton and the Gulf Disaster

WSJ:

An oil-drilling procedure called cementing is coming under scrutiny as a possible cause of the explosion on the Deepwater Horizon rig in the Gulf of Mexico that has led to one of the biggest oil spills in U.S. history, drilling experts said Thursday.

The process is supposed to prevent oil and natural gas from escaping by filling gaps between the outside of the well pipe and the inside of the hole bored into the ocean floor. Cement, pumped down the well from the drilling rig, is also used to plug wells after they have been abandoned or when drilling has finished but production hasn’t begun.

In the case of the Deepwater Horizon, workers had finished pumping cement to fill the space between the pipe and the sides of the hole and had begun temporarily plugging the well with cement; it isn’t known whether they had completed the plugging process before the blast.

Regulators have previously identified problems in the cementing process as a leading cause of well blowouts, in which oil and natural gas surge out of a well with explosive force. When cement develops cracks or doesn’t set properly, oil and gas can escape, ultimately flowing out of control. The gas is highly combustible and prone to ignite, as it appears to have done aboard the Deepwater Horizon, which was leased by BP PLC, the British oil giant.

Concerns about the cementing process—and about whether rigs have enough safeguards to prevent blowouts—raise questions about whether the industry can safely drill in deep water and whether regulators are up to the task of monitoring them.

The scrutiny on cementing will focus attention on Halliburton Co., the oilfield-services firm that was handling the cementing process on the rig, which burned and sank last week. The disaster, which killed 11, has left a gusher of oil streaming into the Gulf from a mile under the surface.

Federal officials declined to comment on their investigation, and Halliburton didn’t respond to questions from The Wall Street Journal.

The rest here.

Most Popular

Politics & Policy

Five Thoughts on the George Floyd Story

After a night of riots, looting, and arson in Minneapolis to protest the police killing of George Floyd, five thoughts spring to mind: One: It is always hazardous to draw sweeping conclusions about society from individual criminal cases. Every individual case involves individual facts, and those facts often ... Read More
Politics & Policy

Five Thoughts on the George Floyd Story

After a night of riots, looting, and arson in Minneapolis to protest the police killing of George Floyd, five thoughts spring to mind: One: It is always hazardous to draw sweeping conclusions about society from individual criminal cases. Every individual case involves individual facts, and those facts often ... Read More
White House

There’s No Fix for Trump’s Bad Tweets

Whether social media have been good or bad for society is an open question. Whether social media have been good or bad for President Trump isn’t as difficult to discern. For even the most sober-minded and introspective figures, Twitter can serve as a dangerous temptation. For a man as capricious and mercurial ... Read More
White House

There’s No Fix for Trump’s Bad Tweets

Whether social media have been good or bad for society is an open question. Whether social media have been good or bad for President Trump isn’t as difficult to discern. For even the most sober-minded and introspective figures, Twitter can serve as a dangerous temptation. For a man as capricious and mercurial ... Read More
Economy & Business

Boiling Over

Andrew Ross Sorkin’s frustration over having missed so much of the post-COVID realities in markets and economic life boiled over this morning in one of the more outrageous outbursts I have ever witnessed on financial media. Perhaps this outburst was rivaled only by his behavior during the March COVID market ... Read More
Economy & Business

Boiling Over

Andrew Ross Sorkin’s frustration over having missed so much of the post-COVID realities in markets and economic life boiled over this morning in one of the more outrageous outbursts I have ever witnessed on financial media. Perhaps this outburst was rivaled only by his behavior during the March COVID market ... Read More

The Need to Discuss Black-on-Black Crime

Thomas Abt’s book Bleeding Out (2019) has garnered a fair amount of attention for its proposals to deal with gun violence in mainly black urban neighborhoods. The entire focus of the book is on interventions in high-crime locations to stem the violence, including: hot-spots policing, working with young males at ... Read More

The Need to Discuss Black-on-Black Crime

Thomas Abt’s book Bleeding Out (2019) has garnered a fair amount of attention for its proposals to deal with gun violence in mainly black urban neighborhoods. The entire focus of the book is on interventions in high-crime locations to stem the violence, including: hot-spots policing, working with young males at ... Read More
Economy & Business

The Spread of the Debt Virus

The current U.S. budget deficit could soon exceed a record $4 trillion. The massive borrowing is being driven both by prior budget profligacy and by a hurried effort by the Donald Trump administration to pump liquidity into a quarantined America. The shutdown has left the country on the cusp of a ... Read More
Economy & Business

The Spread of the Debt Virus

The current U.S. budget deficit could soon exceed a record $4 trillion. The massive borrowing is being driven both by prior budget profligacy and by a hurried effort by the Donald Trump administration to pump liquidity into a quarantined America. The shutdown has left the country on the cusp of a ... Read More