I've seen that rig ..its Ginormous!OIL rig possibly Lost In GOMEX!
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OIL rig possibly Lost In GOMEX!
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Cape Verde
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cycloneye
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As this news has spread in the oil market I just saw at CNBC that oil is up over $1:50.
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Cape Verde
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<P>They've already examined it by submarine and can't find any holes. It may be a computer failure that allowed the pontoons to overfill.gkrangers wrote:It's listing badly to one side. They aren't sure if the ballast tanks are just full of water, causing it to lean, or if there is structural damage.
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BayouVenteux
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A link to an aerial of the rig taken following Dennis' passage:
http://www.bpissuenews.com/external/ind ... 3&loadfile
Not lost yet, but listing badly at 20-30 degrees.
Gee...between news of this and Emily, traders ought to drive the barrel price up another $10 or so by day's end.
http://www.bpissuenews.com/external/ind ... 3&loadfile
Not lost yet, but listing badly at 20-30 degrees.
Gee...between news of this and Emily, traders ought to drive the barrel price up another $10 or so by day's end.
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NewOrleans
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About 1.5 billion dollars, if it's lost.
The legs are filled with water to act as pontoons. If there is no damage, they should be able to stabilize it and have it back operational, by pumping out the excess water, from the flooded legs. They may need to flood the remaining two legs first, to set it level, then pump out all four legs equally, to get the entire platform at the designed elevation. I don't know if it's going to be an easy task, from the looks of it.
The legs are filled with water to act as pontoons. If there is no damage, they should be able to stabilize it and have it back operational, by pumping out the excess water, from the flooded legs. They may need to flood the remaining two legs first, to set it level, then pump out all four legs equally, to get the entire platform at the designed elevation. I don't know if it's going to be an easy task, from the looks of it.
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NewOrleans wrote:About 1.5 billion dollars, if it's lost.
The legs are filled with water to act as pontoons. If there is no damage, they should be able to stabilize it and have it back operational, by pumping out the excess water, from the flooded legs. They may need to flood the remaining two legs first, to set it level, then pump out all four legs equally, to get the entire platform at the designed elevation. I don't know if it's going to be an easy task, from the looks of it.
Thats what I'm hearing too But I also heard as late as 12:30 It had SANK...But that is to this point Unconfirmed!
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Trader Ron
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NewOrleans
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Think of it as a ship. Once a ship starts to fill with water and water enters places/areas that was not supposed to see water, you have problems.
In a nutshell, if they cannot get rid of the water from the flooded pontoons and they continue to fill, the entire rig will begin to sink from that side and the rest will follow, just as a ship would. I think they first will need to flood the other two legs to get it level, then pump out the excess water from all four pontoons (legs) at an equal rate to get it back to it's original floating elevation.
The problem is, the two legs that are already overfilled, may be so filled, that by filling the other two legs equally, would simply equate to a level sinking of the entire facility. That's what I am thinking may ultimately occur. Right now, I believe they are in deep doo-doo and may end up losing about 1.5 BIG ONES. At the current price for a barrel of oil, that would be a huge loss of money to BP, and would end up hurting gas and fuels markets even more.
Oh....and by the way. MOST of the Gulf rigs are off the coastal area's of Louisiana, not Texas. Get a map and check it out. There are a ton in the bay of Campeche as well.
As far as a rig being deployed in an oil field that has yet been productive goes. Oil companies do not spend 1.5 billion dollars to throw in a garbage can. They know where the oil is, when they allocate that amount of money on a venture such as this.
In a nutshell, if they cannot get rid of the water from the flooded pontoons and they continue to fill, the entire rig will begin to sink from that side and the rest will follow, just as a ship would. I think they first will need to flood the other two legs to get it level, then pump out the excess water from all four pontoons (legs) at an equal rate to get it back to it's original floating elevation.
The problem is, the two legs that are already overfilled, may be so filled, that by filling the other two legs equally, would simply equate to a level sinking of the entire facility. That's what I am thinking may ultimately occur. Right now, I believe they are in deep doo-doo and may end up losing about 1.5 BIG ONES. At the current price for a barrel of oil, that would be a huge loss of money to BP, and would end up hurting gas and fuels markets even more.
Oh....and by the way. MOST of the Gulf rigs are off the coastal area's of Louisiana, not Texas. Get a map and check it out. There are a ton in the bay of Campeche as well.
As far as a rig being deployed in an oil field that has yet been productive goes. Oil companies do not spend 1.5 billion dollars to throw in a garbage can. They know where the oil is, when they allocate that amount of money on a venture such as this.
Last edited by NewOrleans on Tue Jul 12, 2005 1:04 pm, edited 1 time in total.
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Trader Ron
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LSU2001
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That photo looks similar to the ocean ranger disaster. That rig eventually sank and was only listing 10 degrees. If this one is listing 20-30 degrees they very well may lose it. IMHO.
TIm
http://www.chs.k12.nf.ca/socstud/ssgras ... rIntro.htm
TIm
http://www.chs.k12.nf.ca/socstud/ssgras ... rIntro.htm
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The posts in this forum are NOT official forecast and should not be used as such. They are NOT endorsed by any professional institution or storm2k.org. For official information, please refer to the NHC and NWS products.
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InimanaChoogamaga
NewOrleans wrote:About 1.5 billion dollars, if it's lost.
The legs are filled with water to act as pontoons. If there is no damage, they should be able to stabilize it and have it back operational, by pumping out the excess water, from the flooded legs. They may need to flood the remaining two legs first, to set it level, then pump out all four legs equally, to get the entire platform at the designed elevation. I don't know if it's going to be an easy task, from the looks of it.
I bet the Fantastic Four could do it.
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