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  • Mad Dog Oil Field


    Mad Dog Oil Field is an offshore oil field located along the Sigsbee Escarpment at Green Canyon blocks 825, 826 and 782, Western Atwater Foldbelt, Gulf of Mexico. The field is located about south of New Orleans and southwest of Venice, Louisiana, United States. It is in the depth of of water. The field was discovered in May 1998 and it became operational in 2005. It is owned by BP (60.5%), BHP Billiton (23.9%), and Chevron Corporation (15.6%). The operator is BP. The gross estimated reserves are ranged from of oil equivalent. The field has production capacity around of oil and of natural gas. Oil is transported to Ship Shoal 332B via the Caesar pipeline, while natural gas is transported via the Cleopatra pipeline. The field is operated by using a spar oil platform manufactured in Finland. The hull measures are in diameter and in length. Its weight is 20,800 tonnes. The deck measures are . It includes production facilities with 13 production slots, a drilling riser slot and two service slots, and quarters for 126 personnel. The front-end engineering design of the second spar will be done by Technip. It was reported on September 16, 2008 that Mad Dog was damaged due to Hurricane Ike. The drilling derrick was toppled over and was on the sea bed. A new drilling package was built and replaced the damaged one on the spar in early 2012.

  • Paul Waterman


    Lynn Paul Waterman, usually known as Paul Waterman (born July 24, 1964), is an American businessman and the Chief Executive Officer of Elementis Plc. Paul was Global CEO of BP Lubricants, a part of the BP Group. Paul joined Castrol in 1994 eventually becoming CEO of BP Lubricants Americas in 2007 and later moving to CEO of BP Global Aviation, Industrial Marine & Energy Lubricant businesses. From there Paul took on the role of Chief Executive of BP Australasia & Country President, BP Australia and from 2012 spent his final years in BP as CEO of BP Lubricants. Paul has a B. Sc. Degree in Packaging Engineering from Michigan State University and a MBA from Stern School of Business.

  • Standard Oil


    Standard Oil Co. Inc. was an American oil producing, transporting, refining, and marketing company. Established in 1870 by John D. Rockefeller and Henry Flagler as a corporation in Ohio, it was the largest oil refinery in the world of its time. Its history as one of the world's first and largest multinational corporations ended in 1911, when the United States Supreme Court, in a landmark case, ruled that Standard Oil was an illegal monopoly. Standard Oil dominated the oil products market initially through horizontal integration in the refining sector, then, in later years vertical integration; the company was an innovator in the development of the business trust. The Standard Oil trust streamlined production and logistics, lowered costs, and undercut competitors. "Trust-busting" critics accused Standard Oil of using aggressive pricing to destroy competitors and form a monopoly that threatened other businesses. Rockefeller ran the company as its chairman, until his retirement in 1897. He remained the major shareholder, and in 1911, with the dissolution of the Standard Oil trust into 34 smaller companies, Rockefeller became the richest man in the world, as the initial income of these individual enterprises proved to be much bigger than that of a single larger company. Its successors such as ExxonMobil or Chevron are still among the companies with the largest income worldwide. By 1882, his top aide was John Dustin Archbold. After 1896, Rockefeller disengaged from business to concentrate on his philanthropy, leaving Archbold in control. Other notable Standard Oil principals include Henry Flagler, developer of the Florida East Coast Railway and resort cities, and Henry H. Rogers, who built the Virginian Railway.

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