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1/4 Century: What Was the Oil and Gas Industry Like in the Early 2000s? Part 2

Rextag

Record Depths: By 2005, rigs operated at depths exceeding 1,500 meters, using dynamic positioning systems and cutting-edge blowout preventers. Efficiency First: Digital dashboards developed by Halliburton and Schlumberger helped operators manage multiple wells simultaneously, saving millions.

Oil 52
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DOI Promulgates a New Final Rule for Increased Safety Measures on the OCS

The Energy Law

Specifically, the new final rule adds a section to 30 CFR 250, subpart Q regarding submission of decommissioning applications and reports when a blowout preventer (“BOP”) is used for abandonment operations, 250.1704(g)(1)(ii). 50856, 50882 (Aug. 50856, 50857 (Aug.