Latest Gulf of Mexico Stories
ZUG, Switzerland, Jan. 25, 2012 /PRNewswire/ -- Noble Corporation (NYSE: NE) today reported fourth quarter 2011 earnings of $127 million, or $0.50 per diluted share, compared to $135 million, or $0.53 per diluted share, for the third quarter of 2011. Earnings for the fourth quarter 2010 totaled $99 million, or $0.39 per diluted share. Contract drilling services revenues for the fourth quarter of 2011 were $720 million compared to $705 million in the third quarter of 2011 and $614 million...
According to sources at DecomWorld, the Gulf of Mexico's oil and gas industry has really shifted into top gear with decommissioning projects in the region at an all-time high. In 2010, the world's most active decommissioning market was kick-started when new legislation mandated the removal of idle offshore infrastructure. (PRWEB) January 23, 2012 Sources at DecomWorld stated that in October 2010, the NTL mandate came into effect creating a huge boost in decommissioning projects in...
Scientists document how geology, biology worked together after oil disaster When scientist David Valentine and colleagues published results of a study in early 2011 reporting that bacterial blooms had consumed almost all the deepwater methane plumes after the 2010 Gulf of Mexico Deepwater Horizon oil spill, some were skeptical. How, they asked the University of California at Santa Barbara (UCSB) geochemist, could almost all the gas emitted disappear? In new results published this...
THE WOODLANDS, Texas, Jan. 4, 2012 /PRNewswire/ -- TETRA Technologies, Inc. (TETRA or the Company) (NYSE:TTI) today announced 2012 earnings guidance of $0.70 to $0.90 per fully diluted share from continuing operations attributable to TETRA stockholders. This range excludes an expected pretax loss of $5.0 million, or approximately $0.04 per fully diluted share, from the continued winding-down of the Maritech segment in 2012. Stuart M. Brightman, TETRA's President and Chief Executive...
By early next year, there will be more deepwater drilling rigs in the Gulf of Mexico than there were in the days leading up to the largest oil spill in U.S. history, Jonathan Fahey of the Associated Press (AP) reported on Friday. On April 20, 2010, and explosion onboard the BP-leased Deepwater Horizon drilling rig killed 11 men working on the platform, injured 17 others, and led to what many have called the one of the worst environmental disaster in American history. Approximately five...
The Asian Tiger Prawn, an invasive species in the Gulf of Mexico that can grow nearly a foot long and threatens native wild stocks, has been found on the Texas coast. The tiger prawns, native to the western Pacific, have been spreading along the Gulf Coast since 2006 and their numbers have increased this year. Shrimpers pulled the first one from Texas waters in June. So far shrimpers harvested three in Aransas Bay, one from Sabine Lake at the Louisiana Border and one from open waters about...
After a three-year rehabilitation in Portugal, a juvenile endangered Kemp's Ridley sea turtle nicknamed Johnny Vasco de Gama was returned to familiar waters in the Gulf of Mexico, reports Stephanie Pappas for LiveScience. Johnny is believed to have beeen caught in cold currents in 2008 and was “cold-stunned,” a condition that shuts down internal organs and can kill sea turtles. The sea turtle was found by staff members of the Rotterdam Zoo, along the Netherlands coast, 4,600 miles...
Up to $22.5 million will be awarded to researchers studying the effects of the Deepwater Horizon incident on the Gulf of Mexico, public health RESTON, Va., Dec. 15, 2011 /PRNewswire-USNewswire/ -- The Gulf of Mexico Research Initiative (GoMRI) Research Board has issued a new request for proposals, RFP-II, which will provide up to $7.5 million per year for research grants to individual investigators or small groups of researchers. The funding is part of BP's commitment to provide...
HOUSTON, Dec. 15, 2011 /PRNewswire/ -- Apache Corporation (NYSE and Nasdaq: APA) today announced that its wholly owned subsidiary along with other co-venturers will proceed with development of the Lucius project in the Keathley Canyon area of the deepwater Gulf of Mexico. "The Lucius unit is a world-class oil and gas accumulation in an emerging area of the deepwater Gulf," said G. Steven Farris, Apache's chairman and chief executive officer. "The decision to sanction the Lucius...
WASHINGTON, Dec. 7, 2011 /PRNewswire-USNewswire/ -- A U.S. Department of Homeland Security (USDHS) study released yesterday confirms the national economic significance of Louisiana Highway 1 (LA 1) in southern Lafourche Parish, and fortifies the need for a continuous, secure elevated highway from Golden Meadow, LA, to the energy hub of Port Fourchon, LA. (Photo: http://photos.prnewswire.com/prnh/20111207/DC74922 ) The report, entitled Louisiana Highway 1/Port Fourchon Study, concludes...
Latest Gulf of Mexico Reference Libraries
The Gulf of Mexico is an ocean basin that is largely surrounded by the continent North America and the island of Cuba. It’s bordered on the northeast, north, and northwest by the Gulf Coast of the United States, towards the southwest and south by Mexico, and towards the southeast by Cuba. It’s often referred to as the “Third Coast” in Texas and Louisiana, in comparison with the U.S. Pacific and Atlantic Coasts. The shape of its basin is more or less, an oval and is about 1,500...
The American Mediterranean Sea is the combined waterbody of the Gulf of Mexico and the Caribbean Sea. The American Mediterranean’s surface area is 4.319 million square kilometers and an average depth of 7,270 feet. The basins of the sea include those of the southern Caribbean: The Venezuelan, the Magdalena River, the two Colombians and the Gulf of Darien; and the Yucatan Basin. It also consists of the Mexican and the Mississippi basin, both of the Gulf of Mexico. The sea is considered...
The above graph highlights how the ENSO has an impact on water temps. Northern Gulf of Mexico during EL-Nino: The first part of March during this EL-Nino cycle saw water temps in the 56-60F range, while the 8-14th saw water temps warm to the 60-64F range. By the third week of March temps had maintained 60-64F. The last week of March the temps dropped back to around 56-60F. Northern Gulf of Mexico during LA-Nina: The first week of March saw water temps approach the 70-72F range, by the...
As of 2:30pm Friday afternoon an area of disturbed weather has intensified in coverage over the Northeast Gulf of Mexico. At this time the NHC has given the area a 0% of development. As it continues to track westward across the Gulf of Mexico it will bring increased winds/seas and heavy precipitation to the area. Severe weather also can’t be ruled out with this system as it continues westward over the next couple of days. Places that are going to be impacted with increased seas will be any...
When it comes to learning about the weather it is very important to understand about the oceans. The reason for this is that ocean currents can play a major role on not only weather but also the climate of a region. The current that we are looking at is called the Loop Current. If you look at the image above you can see that it’s situated just off the west coast of Florida and extends into the Gulf of Mexico. The Loop current is a warm current and this creates a warmer surrounding in...
