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Jane Van Ryan

Jane Van Ryan
Posted April 23, 2010

Yesterday author, lawyer and blogger Byron King sent me a copy of an article, published in Outstanding Investments newsletter, expressing his thoughts on the tragic loss of the Deepwater Horizon drilling rig. Byron writes that the accident "is hitting home" with him. He recently visited a drillship owned by Transocean, which is the same company that owns and operated the rig that caught fire and sank in the Gulf of Mexico. What he learned apparently gave him a profound sense of respect for the crew. 

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bp234  deepwater-horizon  mms34  oil-spill  spill-response 

Jane Van Ryan

Jane Van Ryan
Posted April 23, 2010

The U.S. Coast Guard reported this morning that the search is continuing for the 11 missing crew members of the Deepwater Horizon drilling rig. The mobile offshore drilling unit (MODU) caught fire on Tuesday and sank yesterday, causing concerns about a potential oil spill. 

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bp234  deepwater-horizon  gulf-of-mexico  spill-response  tiber-prospect 

Jane Van Ryan

Jane Van Ryan
Posted April 22, 2010

BP has just issued a news release outlining its operational response to the sinking of the Deepwater Horizon drilling rig. In addition to working with Transocean to use ROVs (Remotely Operated Vehicles) to assess the well and the blow out preventer on the seafloor, BP has initiated a plan to immediately drill a relief well using a nearby drilling rig. 

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bp234  deepwater-horizon  gulf-of-mexico  tiber-prospect 

Jane Van Ryan

Jane Van Ryan
Posted April 22, 2010

The U.S. Coast Guard reports that the Deepwater Horizon drilling rig sunk beneath the surface of the water this morning, but the fire was continuing. Meanwhile, the search and rescue mission for the missing 11 workers is still underway. 

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bp234  deepwater-horizon  gulf-of-mexico  tiber-prospect 

Jane Van Ryan

Jane Van Ryan
Posted April 21, 2010

Please say a prayer today for our colleagues who were working on the Deepwater Horizon mobile offshore drilling unit (MODU) last night when a fire broke out. According to reports, 126 workers were onboard. In a statement, Transocean reports that a "substantial majority" of the crew members are safe, however several workers were injured and some remain unaccounted for at this time. Search and rescue operations are underway. 

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