US clears more deepwater oil drilling in Gulf (AP)

Saturday, March 12, 2011 11:01 AM By dwi

NEW ORLEANS – The U.S. polity is allowing deepwater creation to uphold on another Gulf of Mexico substantially as the location recovers from BP's disrespectful lubricator spill.

BHP Billiton PLC said Sat that the accept module earmark it to get backwards to work in its Shenzi field, located most 120 miles soured Louisiana's coast. The well, most 4,300 feet below the surface, began creation in March 2009, but creation obstructed last year amid the oppose to an Apr 2010 laugher of a BP PLC substantially in the Gulf of Mexico. The discharge resulted in the worst offshore lubricator move in U.S. history, raising questions most the safety of deepwater drilling.

This is the ordinal deepwater accept that the Bureau of Ocean Energy Management, Regulation and Enforcement has issued in the Gulf within the time digit weeks. Noble Energy Inc. had already received clearance to uphold creation on a substantially most 70 miles south of Venice, La.

They're the prototypal permits to be acknowledged in the Gulf since the authority imposed a moratorium on expedition in waters deeper than 500 feet last June. The moratorium was raised in October, but deepwater creation couldn't uphold without polity clearance.

Oil business executives and some U.S. lawmakers had already been imperative regulators to supply newborn permits before a past fruit in lubricator prices increased the pressure. The prototypal newborn accept came the hebdomad after lubricator prices surpassed $100 per barrel and fuel prices soared to their maximal level in digit and a half years.


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