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ODECO
ODECO (Ocean Drilling & Exploration Company) was an offshore drilling company. In 1992, it was acquired by Diamond Offshore Drilling. History In 1953, the company was founded by Alden J. "Doc" Laborde, who also founded Tidewater, and John Hayward. Hayward was the builder of the Barnsdall rig and holder of the patent on submersible drilling barge methodology. Charles Murphy Jr. of Murphy Oil invested $500,000 in the company and assisted Laborde in finding additional investors. Alexander Shipyard in New Orleans constructed the company's first rig, which was delivered in 1954 and immediately contracted to Shell Oil. The rig was named ''Mr.Charlie'' after Charles Murphy. ''Mr. Charlie'' was retired in 1986. After noticing the stability of submersible rigs when they were only partially submerged for relocation and the success of Shell's conversion of the Blue Water rig, Laborde designed and constructed the first purpose-built V-shaped semi-submersible drilling rig, ''Ocean Driller'', ...
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Ocean Ranger
''Ocean Ranger'' was a semi-submersible mobile offshore drilling unit that sank in Canadian waters on 15 February 1982. It was drilling an exploration well on the Grand Banks of Newfoundland, east of St. John's, Newfoundland, for Mobil Oil of Canada, Ltd. (MOCAN) with 84 crew members on board when it sank. There were no survivors. History and design ''Ocean Ranger'' was designed and owned by Ocean Drilling and Exploration Company, Inc. (ODECO) of New Orleans. The vessel was a self-propelled large semi-submersible design with a drilling facility and living quarters. It was capable of operation beneath of ocean water and could drill to a maximum depth of . It was described by ODECO as the world's largest semi-submersible oil rig to date. Constructed for ODECO in 1976 by Mitsubishi Heavy Industries in Hiroshima, Japan, ''Ocean Ranger'' was long, wide, and high. It had twelve anchors. The weight was 25,000 tons. It was floating on two long pontoons that rested below the ...
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Odyssey (launch Platform)
LP ''Odyssey'' is a self-propelled semi-submersible mobile spacecraft launch platform converted from a mobile drilling rig in 1997. The vessel was used by Sea Launch for equatorial Pacific Ocean launches. She works in concert with the assembly and control ship . Her home port is the Port of Long Beach in the United States. In her current form, ''Odyssey'' is long and about wide, with an empty draft displacement of , and a submerged draft displacement of . The vessel has accommodations for 68 crew and launch system personnel, including living, dining, medical and recreation facilities. A large environmentally-controlled hangar stores the rocket during transit, from which the rocket is rolled out and erected prior to fueling and launch. In September 2016 the platform along with other Sea Launch assets was sold to S7 Group, the parent company of S7 Airlines. History The platform was completed in 1983 for Ocean Drilling & Exploration Company (ODECO) by Sumitomo Heavy Industr ...
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Blowout (well Drilling)
A blowout is the uncontrolled release of crude oil and/or natural gas from an oil well or gas well after pressure control systems have failed.'All About Blowout', R. Westergaard, Norwegian Oil Review, 1987 Modern wells have blowout preventers intended to prevent such an occurrence. An accidental spark during a blowout can lead to a catastrophic oil or gas fire. Prior to the advent of pressure control equipment in the 1920s, the uncontrolled release of oil and gas from a well while drilling was common and was known as an oil gusher, gusher or wild well. History Gushers were an icon of oil exploration during the late 19th and early 20th centuries. During that era, the simple drilling techniques, such as cable-tool drilling, and the lack of blowout preventers meant that drillers could not control high-pressure reservoirs. When these high-pressure zones were breached, the oil or natural gas would travel up the well at a high rate, forcing out the drill string and creating a gus ...
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Diamond Offshore
Diamond Offshore Drilling, Inc. is an offshore drilling contractor. The company is headquartered in Katy, Texas, United States, and has major offices in Australia, Brazil, Mexico, Scotland, Singapore, and Norway. The company operates 15 drilling rigs including 11 semi-submersible platforms and 4 drillships. In 2019, the company's revenues were primarily from Hess Corporation (28.9%), Occidental Petroleum (20.6%), Petrobras (19.5%), and BP (3.1%). Operations in the United States accounted for 52.5% of the company's revenues in 2019. History In the early 1960s, Brewster-Bartle, an onshore drilling company, filed bankruptcy. In 1964, Don McMahon acquired Brewster-Bartle from its bank creditors and formed Diamond M Drilling Company, named after Diamond M Acres, his ranch near Simonton, Texas, which then expanded into offshore drilling. In 1970, Diamond M became a public company via an initial public offering. In 1977, Kaneb Services acquired the company for $102 million. In 1989, ...
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Diamond Offshore Drilling
Diamond Offshore Drilling, Inc. is an offshore drilling contractor. The company is headquartered in Katy, Texas, United States, and has major offices in Australia, Brazil, Mexico, Scotland, Singapore, and Norway. The company operates 15 drilling rigs including 11 semi-submersible platforms and 4 drillships. In 2019, the company's revenues were primarily from Hess Corporation (28.9%), Occidental Petroleum (20.6%), Petrobras (19.5%), and BP (3.1%). Operations in the United States accounted for 52.5% of the company's revenues in 2019. History In the early 1960s, Brewster-Bartle, an onshore drilling company, filed bankruptcy. In 1964, Don McMahon acquired Brewster-Bartle from its bank creditors and formed Diamond M Drilling Company, named after Diamond M Acres, his ranch near Simonton, Texas, which then expanded into offshore drilling. In 1970, Diamond M became a public company via an initial public offering. In 1977, Kaneb Services acquired the company for $102 million. In 1989, ...
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Offshore Drilling
Offshore drilling is a mechanical process where a wellbore is drilled below the seabed. It is typically carried out in order to explore for and subsequently extract petroleum that lies in rock formations beneath the seabed. Most commonly, the term is used to describe drilling activities on the continental shelf, though the term can also be applied to drilling in lakes, inshore waters and inland seas. Offshore drilling presents environmental challenges, both offshore and onshore from the produced hydrocarbons and the materials used during the drilling operation. Controversies include the ongoing US offshore drilling debate. There are many different types of facilities from which offshore drilling operations take place. These include bottom founded drilling rigs ( jackup barges and swamp barges), combined drilling and production facilities either bottom founded or floating platforms, and deepwater mobile offshore drilling units (MODU) including semi-submersibles or drillships. The ...
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Submersible Drilling
A submersible drilling rig is a marine vessel design that can be floated to location and lowered onto the sea floor for offshore drilling activities. Design and operation The submersible drilling platform is supported on large pontoon-like structures. These pontoons provide buoyancy allowing the unit to be towed from location to location. Once on the location, the pontoon structure is slowly flooded until it rests securely on its anchors, of which there are usually two per corner. The operating deck is elevated 100 feet above the pontoons on large steel columns to provide clearance above the waves. After the well is drilled, the water is pumped out of the buoyancy tanks and the vessel is re-floated and towed to the next location. ''Submersibles'', as they are known informally, operate in relatively shallow water, since they must rest on the sea floor. Other floating vessel types are used in deeper water depths. The term Mobile Offshore Drilling Unit (MODU) is generally used for ...
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Petroleum Industry
The petroleum industry, also known as the oil industry or the oil patch, includes the global processes of exploration, extraction, refining, transportation (often by oil tankers and pipelines), and marketing of petroleum products. The largest volume products of the industry are fuel oil and gasoline (petrol). Petroleum is also the raw material for many chemical products, including pharmaceuticals, solvents, fertilizers, pesticides, synthetic fragrances, and plastics. The industry is usually divided into three major components: upstream, midstream, and downstream. Upstream regards exploration and extraction of crude oil, midstream encompasses transportation and storage of crude, and downstream concerns refining crude oil into various end products. Petroleum is vital to many industries, and is necessary for the maintenance of industrial civilization in its current configuration, making it a critical concern for many nations. Oil accounts for a large percentage of the wor ...
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Associated Press
The Associated Press (AP) is an American non-profit news agency headquartered in New York City. Founded in 1846, it operates as a cooperative, unincorporated association. It produces news reports that are distributed to its members, U.S. newspapers and broadcasters. The AP has earned 56 Pulitzer Prizes, including 34 for photography, since the award was established in 1917. It is also known for publishing the widely used '' AP Stylebook''. By 2016, news collected by the AP was published and republished by more than 1,300 newspapers and broadcasters, English, Spanish, and Arabic. The AP operates 248 news bureaus in 99 countries. It also operates the AP Radio Network, which provides newscasts twice hourly for broadcast and satellite radio and television stations. Many newspapers and broadcasters outside the United States are AP subscribers, paying a fee to use AP material without being contributing members of the cooperative. As part of their cooperative agreement with the AP, most ...
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United Press International
United Press International (UPI) is an American international news agency whose newswires, photo, news film, and audio services provided news material to thousands of newspapers, magazines, radio and television stations for most of the 20th century. At its peak, it had more than 6,000 media subscribers. Since the first of several sales and staff cutbacks in 1982, and the 1999 sale of its broadcast client list to its main U.S. rival, the Associated Press, UPI has concentrated on smaller information-market niches. History Formally named United Press Associations for incorporation and legal purposes, but publicly known and identified as United Press or UP, the news agency was created by the 1907 uniting of three smaller news syndicates by the Midwest newspaper publisher E. W. Scripps. It was headed by Hugh Baillie (1890–1966) from 1935 to 1955. At the time of his retirement, UP had 2,900 clients in the United States, and 1,500 abroad. In 1958, it became United Press Intern ...
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Canadian Broadcasting Corporation
The Canadian Broadcasting Corporation (french: Société Radio-Canada), branded as CBC/Radio-Canada, is a Canadian public broadcaster for both radio and television. It is a federal Crown corporation that receives funding from the government. The English- and French-language service units of the corporation are commonly known as CBC and Radio-Canada, respectively. Although some local stations in Canada predate the CBC's founding, CBC is the oldest existing broadcasting network in Canada. The CBC was established on November 2, 1936. The CBC operates four terrestrial radio networks: The English-language CBC Radio One and CBC Music, and the French-language Ici Radio-Canada Première and Ici Musique. (International radio service Radio Canada International historically transmitted via shortwave radio, but since 2012 its content is only available as podcasts on its website.) The CBC also operates two terrestrial television networks, the English-language CBC Television and the Frenc ...
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New York Times
''The New York Times'' (''the Times'', ''NYT'', or the Gray Lady) is a daily newspaper based in New York City with a worldwide readership reported in 2020 to comprise a declining 840,000 paid print subscribers, and a growing 6 million paid digital media, digital subscribers. It also is a producer of popular podcasts such as ''The Daily (podcast), The Daily''. Founded in 1851 by Henry Jarvis Raymond and George Jones (publisher), George Jones, it was initially published by Raymond, Jones & Company. The ''Times'' has won List of Pulitzer Prizes awarded to The New York Times, 132 Pulitzer Prizes, the most of any newspaper, and has long been regarded as a national "newspaper of record". For print it is ranked List of newspapers by circulation, 18th in the world by circulation and List of newspapers in the United States, 3rd in the U.S. The paper is owned by the New York Times Company, which is Public company, publicly traded. It has been governed by the Sulzberger family since 189 ...
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