Stay Connected

Analyst says Macondo incident 'not terminal' to gulf drilling

08/02/2010
By Paula Dittrick
The deepwater Macondo well blowout will not prove as detrimental to drilling in the Gulf of Mexico as the Three Mile Island accident proved for the nuclear industry, Douglas L. Becker, an oil services analyst with Bank of America, told an Oilfield Breakfast Forum on July 23.Public distrust after the Mar. 28, 1979, accident at the Three Mile Island nuclear power plant near Middletown, Pa., stymied nuclear development in the US."The oil spill will have a lasting impact, but it's not terminal. It's not going to prohibit drilling for 30-40 years," Becker told the forum hosted by Decision Strategies, a consulting firm that acquired RMI in 2008. RMI started the forum in 1994.The blowo...
read-story

Why Register?

Non-subscribers can only view whitepapers by providing name, home and email address, phone number and other information and comment on/rate articles.

Why Subscribe?

Oil & Gas Journal subscribers with login credentials can access these premium features of OGJ Online:

  • Current Issue – an html version of the current week's issue of Oil & Gas Journal.
  • Past Issues – An Electronic OGJ Archive. A keyword-searchable archive of all issues of Oil & Gas Journal dating back to 1990; also searchable by issue date.
  • Market Journal – a weekly round-up of the oil and gas markets, with observations from leading analysts.
  • Editor's Perspective – a short article of insight and opinion by the Editor of Oil & Gas Journal.
  • OGJ Industry Stats – quick access to current industry statistics from Oil & Gas Journal.
  • OGJ Survey Downloads - quick access to exclusive reports from Oil & Gas Journal.

 

Subscriber Help or Subscribe

Oil & Gas Journal Subscribers: Have your subscription number (from the mailing label on the cover of your Oil & Gas Journal) and e-mail address ready to set up your online account through Customer Service Assistant.

If you're not an Oil & Gas Journal subscriber, start a subscription and gain access to the subscriber areas of OGJ Online now.