Deepwater Horizon: GoM spill containment team formed

A plan to organize the non-profit Marine Well Containment Co., a rapid response system to capture and contain oil from a subsea blowout, is under way among Chevron, ConocoPhillips, ExxonMobil and Shell.

Offshore staff

WASHINGTON, D.C. – A plan to organize the non-profit Marine Well Containment Co., a rapid response system to capture and contain oil from a subsea blowout, is under way among Chevron, ConocoPhillips, ExxonMobil and Shell. Among the targets are the ability to mobilize within 24 hours, function at water depths to 10,000 ft., contain 100,000 b/d initially with expansion potential, and to work on a range of well designs, equipment, flowrates, and weather.

The group has committed $1 billion toward the initial cost of the system. Opex and maintenance costs for subsea and modular processing equipment and contract with responses vessels will add to this total. Dedicated crews will ensure regular maintenance, inspection and readiness of the facilities and subsea equipment.

ExxonMobil is starting immediately with the engineering, procurement, and construction requirements as lead company for that purpose.

“Chevron knows that it can only operate with the public’s confidence that the energy we need will be produced safely and reliably,” said John Watson, chairman and CEO of Chevron. “We are committed to advancing safe operations through enhanced prevention, better well containment and intervention and improved spill response. This new system significantly enhances the industry’s ability to effectively respond to any unforeseen incidents.”

"The oil and gas industry has long been recognized as a technological leader, and the American public expects us to improve our ability to respond immediately to offshore incidents," said Jim Mulva, ConocoPhillips chairman and CEO. "The creation and development of this sophisticated system will greatly enhance industry's ability to ensure a quick and effective response."

“If we all do our jobs properly, this system will never be used,” said Rex Tillerson, chairman and CEO of ExxonMobil. “The extensive experience of industry shows that when the focus remains on safe operations and risk management, tragic incidents like the one we are witnessing in the Gulf of Mexico today should not occur.”

“As an industry, we must rebuild trust with the American people in order to demonstrate that we can produce energy in a safe and environmentally responsible manner,” said Marvin Odum, president, Shell Oil Co. “Beyond Shell’s absolute commitment to oil spill prevention and robust well designs, additional safeguards must be strengthened across the industry to develop the capacity to quickly respond and resolve a deepwater well blowout in the Gulf of Mexico, regardless of how unlikely it is that this situation will reoccur.”



07/22/2010

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