Michele Kearney's Nuclear Wire

Major Energy and Environmental News and Commentary affecting the Nuclear Industry.

Monday, July 23, 2012

Big Oil's Lure of the Ultra Deep

Starr Spencer, Platts
If you thought 2008 was a heyday for deepwater drilling, you ain't seen nothin' yet. At least that's the message suggested by the first two drillers, Noble Corporation and Diamond Offshore, that reported second-quarter earnings this week. While earnings wereƂ healthy, it was the commentary by the drillers' managers that made Wall Street sit up and take notice. . .
 
http://www.platts.com/weblog/oilblog/2012/07/20/_body_margin_0.html

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