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BP says new Gulf of Mexico project starts production

Reuters -- LONDON (Reuters) - Oil major BP (LSE:BP.) said oil had started pumping from a new project in deepwater in the Gulf of Mexico, its first new development to come onstream since the Macondo disaster in 2010 caused the largest offshore spill in U.S. history.

BP said on Tuesday the Galapagos development started initial production earlier in June, with oil flowing to a nearby platform 140 miles south east of New Orleans in water depths of 6,500 feet.

The Galapagos project was named by BP as one of a handful of major projects which will help demonstrate its return to work in the Gulf of Mexico, where it is the largest producer of oil and gas in a region which is key to its future, despite the oil spill at its deepwater Macondo well two years ago.

Last October, U.S. regulators granted BP its fi

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Submitted Jun 13, 2012 By: mastermariner

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Go_E85 Champion Author Orange County Posts:2,359 Points:181,655 Joined:Dec 2007	Message Posted: Jun 13, 2012 2:27:37 PM Ignore Go_E85 Report Abuse spill baby spill!
Alaydown Champion Author Los Angeles Posts:5,249 Points:846,840 Joined:May 2007	Message Posted: Jun 13, 2012 2:26:48 PM Ignore Alaydown Report Abuse Drill baby, drill!
ClevelandWheele Veteran Author Florida Posts:308 Points:285,185 Joined:Dec 2010	Message Posted: Jun 13, 2012 2:25:17 PM Ignore ClevelandWheele Report Abuse Ok
ClevelandWheele Veteran Author Florida Posts:308 Points:285,185 Joined:Dec 2010	Message Posted: Jun 13, 2012 2:25:07 PM Ignore ClevelandWheele Report Abuse Ok
HelenT Champion Author Buffalo Posts:3,089 Points:623,375 Joined:Apr 2004	Message Posted: Jun 13, 2012 2:24:33 PM Ignore HelenT Report Abuse Yes, drill, drill, drill.
kacansas All-Star Author Twin Cities Posts:788 Points:237,445 Joined:Aug 2005	Message Posted: Jun 13, 2012 2:23:56 PM Ignore kacansas Report Abuse Oh goody, now will people start buying gas from BP?
fugue Sophomore Author Virginia Posts:167 Points:313,545 Joined:Jun 2004	Message Posted: Jun 13, 2012 2:22:12 PM Ignore fugue Report Abuse Yay
indyjim Champion Author Indianapolis Posts:10,268 Points:2,347,130 Joined:Jul 2006	Message Posted: Jun 13, 2012 2:21:04 PM Ignore indyjim Report Abuse Let's hope spills are eliminated.
Road-Runner Champion Author Denver Posts:7,067 Points:1,910,115 Joined:May 2004	Message Posted: Jun 13, 2012 2:20:14 PM Ignore Road-Runner Report Abuse Oh Joy!
coughlin Champion Author San Jose Posts:5,319 Points:1,144,365 Joined:Sep 2009	Message Posted: Jun 13, 2012 2:18:59 PM Ignore coughlin Report Abuse "Macondo disaster"? That is WHERE it happen ... but BP's actions (and their surrogates) are what caused it. Keeping the name BP disaster is much more accurate and identifiable.
stpetebp Champion Author Tampa Posts:6,365 Points:1,760,220 Joined:Nov 2007	Message Posted: Jun 13, 2012 2:12:15 PM Ignore stpetebp Report Abuse Good drill here and keep it here
Cheepo Champion Author Tampa Posts:9,989 Points:3,147,905 Joined:Apr 2003	Message Posted: Jun 13, 2012 2:11:21 PM Ignore Cheepo Report Abuse About time, drill baby drill!!!!!!!!
satrn38mpg Champion Author Raleigh Posts:5,202 Points:1,079,665 Joined:Sep 2009	Message Posted: Jun 13, 2012 2:10:59 PM Ignore satrn38mpg Report Abuse give some people jobs >>
GryphonX Champion Author Nevada Posts:6,175 Points:1,610,475 Joined:Nov 2007	Message Posted: Jun 13, 2012 2:10:28 PM Ignore GryphonX Report Abuse Excellent! Nice to be rebounding!
rodzilla123 Champion Author San Diego Posts:4,535 Points:1,061,070 Joined:Jul 2008	Message Posted: Jun 13, 2012 2:09:48 PM Ignore rodzilla123 Report Abuse I am amazed that the O'BUZZARD Administration has finally allowed any of the Oil companies to restart drilling in the Gulf, let alone BP. Has to be (all the Fund raisers the Buzzards is doing) or legal limits finally ran out allowing BP to resume!!! [Edited by: rodzilla123 at 6/13/2012 2:12:24 PM EST]
speedys Champion Author Utah Posts:7,152 Points:2,585,610 Joined:Nov 2005	Message Posted: Jun 13, 2012 2:06:32 PM Ignore speedys Report Abuse Do we get any of the Oil?
bcfuelsaver Champion Author Vancouver Posts:1,623 Points:246,270 Joined:Jul 2011	Message Posted: Jun 13, 2012 2:05:39 PM Ignore bcfuelsaver Report Abuse ok
rjhenn Champion Author Des Moines Posts:22,605 Points:2,256,100 Joined:Aug 2005	Message Posted: Jun 13, 2012 2:05:32 PM Ignore rjhenn Report Abuse HEBster - "Rather have another refinery" Aren't our refineries already producing more than we use? Isn't that why we're exporting refined products?
adgam Champion Author Orange County Posts:2,269 Points:509,545 Joined:Nov 2011	Message Posted: Jun 13, 2012 1:58:51 PM Ignore adgam Report Abuse kk
HEBster Champion Author Kentucky Posts:8,922 Points:2,400,630 Joined:May 2006	Message Posted: Jun 13, 2012 1:56:20 PM Ignore HEBster Report Abuse Rather have another refinery
humblepie Champion Author Toledo Posts:35,324 Points:2,399,070 Joined:Mar 2006	Message Posted: Jun 13, 2012 1:55:46 PM Ignore humblepie Report Abuse good on bp, america needs jobs [Edited by: humblepie at 6/13/2012 1:57:01 PM EST]
h2ojumper Champion Author Austin Posts:2,695 Points:734,135 Joined:Feb 2011	Message Posted: Jun 13, 2012 1:50:52 PM Ignore h2ojumper Report Abuse ok
UBDave Champion Author British Columbia Posts:1,269 Points:1,399,930 Joined:Oct 2008	Message Posted: Jun 13, 2012 1:49:43 PM Ignore UBDave Report Abuse Let's pray they get it right this time...
katmandue Champion Author Detroit Posts:8,211 Points:2,161,820 Joined:Jul 2006	Message Posted: Jun 13, 2012 1:48:19 PM Ignore katmandue Report Abuse So they can make even higher profits by shipping oil to OTHER countries!
JimL1 Champion Author Phoenix Posts:8,314 Points:1,258,495 Joined:Jul 2003	Message Posted: Jun 13, 2012 1:48:15 PM Ignore JimL1 Report Abuse But where is the oil going? [Edited by: JimL1 at 6/13/2012 1:49:00 PM EST]
DeeLA Champion Author Los Angeles Posts:4,959 Points:1,392,930 Joined:Nov 2008	Message Posted: Jun 13, 2012 1:42:35 PM Ignore DeeLA Report Abuse I hope they will be more careful this time.
toxigas Champion Author Oakland Posts:1,328 Points:432,025 Joined:Oct 2011	Message Posted: Jun 13, 2012 1:41:29 PM Ignore toxigas Report Abuse [points]
Toppers Champion Author Atlanta Posts:9,147 Points:2,497,420 Joined:Mar 2005	Message Posted: Jun 13, 2012 1:41:26 PM Ignore Toppers Report Abuse Sounds good but another refinery might make a difference
gasper Champion Author Edmonton Posts:4,580 Points:1,392,835 Joined:Mar 2002	Message Posted: Jun 13, 2012 1:39:26 PM Ignore gasper Report Abuse I do not think this will matter as the price at the pumps and everything is manipulated for the best profits it can make from finished products from oil.
geoutpb Champion Author Midland Odessa Posts:4,713 Points:1,084,160 Joined:Dec 2006	Message Posted: Jun 13, 2012 1:38:26 PM Ignore geoutpb Report Abuse Oil companies drill because the price is above 80 dollars. The oil companies will not drill for oil if it drops below 80 dollars it is not worth the effort.
NanaNJNJ Veteran Author New Jersey Posts:280 Points:56,025 Joined:May 2012	Message Posted: Jun 13, 2012 1:38:16 PM Ignore NanaNJNJ Report Abuse ok
thirty8paces Champion Author Baltimore Posts:4,621 Points:1,128,680 Joined:Sep 2008	Message Posted: Jun 13, 2012 1:37:34 PM Ignore thirty8paces Report Abuse Hopefully this turns out better.
HawaiianGuy Champion Author Idaho Posts:9,663 Points:3,105,800 Joined:May 2003	Message Posted: Jun 13, 2012 1:36:28 PM Ignore HawaiianGuy Report Abuse All eyes are on BP as we speak.
Michaels2011 Champion Author Florida Posts:2,141 Points:106,005 Joined:Apr 2011	Message Posted: Jun 13, 2012 1:35:48 PM Ignore Michaels2011 Report Abuse Good maybe prices will drop.
greenfog Champion Author Illinois Posts:6,625 Points:1,665,745 Joined:Feb 2008	Message Posted: Jun 13, 2012 1:35:45 PM Ignore greenfog Report Abuse how long before the screw this one up?
unclemattie Veteran Author Atlanta Posts:289 Points:478,055 Joined:Oct 2011	Message Posted: Jun 13, 2012 1:35:34 PM Ignore unclemattie Report Abuse BP has the highest gas prices, locally
repeater1 Champion Author Topeka Posts:8,437 Points:2,392,525 Joined:Oct 2005	Message Posted: Jun 13, 2012 1:34:59 PM Ignore repeater1 Report Abuse Hope they handle it better than the last time.
Double_Golden Champion Author San Francisco Posts:2,695 Points:632,110 Joined:Aug 2011	Message Posted: Jun 13, 2012 1:34:27 PM Ignore Double_Golden Report Abuse good...
IMLURCH Champion Author Minnesota Posts:2,319 Points:1,129,905 Joined:Mar 2009	Message Posted: Jun 13, 2012 1:32:59 PM Ignore IMLURCH Report Abuse More oil but will we see oil prices drop. DOUBT IT !!!!!
paulp24 Champion Author Harrisburg Posts:4,676 Points:849,575 Joined:Dec 2010	Message Posted: Jun 13, 2012 1:32:58 PM Ignore paulp24 Report Abuse ok
six_ball_man Champion Author Rochester Posts:8,680 Points:1,419,615 Joined:Oct 2007	Message Posted: Jun 13, 2012 1:32:31 PM Ignore six_ball_man Report Abuse BOOOOOO!!
bigdipperMS Champion Author Mississippi Posts:1,541 Points:550,130 Joined:Apr 2011	Message Posted: Jun 13, 2012 1:31:17 PM Ignore bigdipperMS Report Abuse They really can use this boost to start recovering their loss from the spill that is still costing them money. But the coast of Mississippi, Alabama and Florida are back in business full time. This is a very good time to enjoy their beaches and fresh caught Gulf of Mexico seafood.
bobsalwaysmt Champion Author Long Island Posts:4,709 Points:268,240 Joined:Oct 2007	Message Posted: Jun 13, 2012 1:28:18 PM Ignore bobsalwaysmt Report Abuse Bout TIME!
nascar8806 Champion Author Oklahoma City Posts:2,518 Points:872,755 Joined:Aug 2010	Message Posted: Jun 13, 2012 1:26:34 PM Ignore nascar8806 Report Abuse nice
gilfarm Champion Author Alabama Posts:6,934 Points:1,976,500 Joined:Sep 2005	Message Posted: Jun 13, 2012 1:25:39 PM Ignore gilfarm Report Abuse Please be CAREFUL.
RAC110 Champion Author Massachusetts Posts:6,052 Points:1,872,330 Joined:Mar 2003	Message Posted: Jun 13, 2012 1:25:14 PM Ignore RAC110 Report Abuse big oil companies always win
filcut Champion Author Anchorage Posts:1,190 Points:1,377,155 Joined:Jun 2005	Message Posted: Jun 13, 2012 1:23:33 PM Ignore filcut Report Abuse BP's profits from ALASKA has funded the Gulf of Mexico operations for the past 20+ years
mnbeancounter Champion Author Minnesota Posts:4,966 Points:1,089,620 Joined:Oct 2009	Message Posted: Jun 13, 2012 1:21:23 PM Ignore mnbeancounter Report Abuse Good news
dsaine Champion Author North Carolina Posts:3,150 Points:659,220 Joined:May 2011	Message Posted: Jun 13, 2012 1:19:34 PM Ignore dsaine Report Abuse Great.
Grismer Champion Author Kitchener-Waterloo Posts:8,669 Points:1,750,770 Joined:Apr 2008	Message Posted: Jun 13, 2012 1:19:04 PM Ignore Grismer Report Abuse As long as BP is compliant with regulatory requirements, it's back to business as usual.
cokezero All-Star Author Philadelphia Posts:830 Points:401,510 Joined:May 2009	Message Posted: Jun 13, 2012 1:16:06 PM Ignore cokezero Report Abuse hooray