April 2016
Port Fourchon
New rule would reduce GOM appeal: GEST
Even at $80/bbl oil, the well control rule proposed by the U.S. Bureau of Safety and Environmental Enforcement (BSEE) would reduce Gulf of Mexico exploration by as much as 55% each year, according to a recently released Wood Mackenzie study commissioned by the Gulf Economic Survival Team (GEST) of Thibodaux, La.