Rick Hagar Gulf Coast News Editor Placid Oil Co. and partners have shut down their pioneering Green Canyon Block 29 floating/subsea drilling and production system in the Gulf of Mexico. Operations to plug and abandon the ultradeepwater site have begun in the wake of the Apr. 16 shutdown. The project's export pipeline bundle, Ship Shoal Block 207 processing platform, and Green Canyon 29 subsea drilling/production template will be mothballed in place. Phil Clarke, Placid's vice-president of operations, said sustainable flow rates from the few wells drilled at the site were not high enough to justify continuation of the ...

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.

Stay Connected