Offshore drilling has dug itself a deeper hole since Deepwater Horizon [The Verge]
BP p.l.c. (BP)
Last bp p.l.c. earnings: 4/29 04:01 pm
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Source: The Verge
Ever since the first oil well was built in the Gulf of Mexico in 14 feet of water in 1938, technology advancements made it easier to move farther away from shore in pursuit of new oil reserves, at times without a plan for worst-case scenarios. Just one year before the Deepwater Horizon drilling rig became the site of the most devastating oil spill in American history, it succeeded in drilling what wasthe deepest oil and gas wellExplosions rocked the rig on the evening of April 20th, 2010, after the ultra-deepwater semisubmersible rig Deepwater Horizon had just completed drilling another exploratory well. That night’s events killed 11 people, set loose 200 million gallons of oil that spewed out into the Gulf over the course of nearly three months, and harmed marine ecosystems and coastal economies for years.Since then, offshore drilling operations continued to creep farther out into ultra-deep waters — where depths reach 1,500 meters (about 5,000 feet) or more. Today’s drilling rigs ca
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BP
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BP
Sec Filings
- 12/1/25 - Form 6-K
- 12/1/25 - Form 6-K
- 11/6/25 - Form 13F-HR
- BP's page on the SEC website