Lafayette Location

4100 NE Evangeline Thruway

Lafayette, Louisiana 70520

Phone: 337-235-8548

Fax: 337-235-8550

Houma Location

4768 HWY 182

HoumaLA 70364

Phone: 985-872-9202

Fax: 985-872-9203

Fourchon Location

120 17th Street

Martin North Port Fourchon, LA 70357

Phone: 985-872-9202

Fax: 985-872-9203

April 4, 2010

U.S. Oil, Gas Rig Count Up 21 to 1,465 This Week

Filed under: Industry News — Gauthier's Rentals @ 1:08 pm

Source: Rigzone

The number of rigs drilling for oil and gas in the U.S. climbed this week, bringing more gas supply to market despite low prices for the fuel.

The number of oil and gas rigs climbed to 1,465, up 21 rigs from the previous week, according to data from oil-field services company Baker Hughes Inc. The number of gas rigs was 949, an increase of eight rigs from last week, while the oil rig count was 502, an increase of 13 rigs. The number of miscellaneous rigs was unchanged at 14 rigs.

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September 3, 2009

BP Makes Massive Oil Find In Deep Gulf

Filed under: Industry News — Gauthier's Rentals @ 4:37 pm


Discovery should mean big boost for south Louisiana economy Discovery should pump La. economy

September 3, 2009

By Jen DeGregorio and Chris Kahn

BP said Wednesday that it has drilled the world ’s deepest oil well in the Gulf of Mexico and found a giant pool of crude, a discovery that promises to make an indelible mark on the south Louisiana economy.   The Tiber Prospect is expected to rank among the largest petroleum discoveries in the United States, potentially producing half as much crude in a day as Alaska’s famous North Slope oil field.  Louisiana energy circles were abuzz with news of the discovery Wednesday.   “Any incremental business in the Gulf of Mexico is going to be a net positive for us one way or the other,” said Todd Hornbeck, chief executive of Hornbeck Offshore Services of Covington, which is the nation’s second-largest provider of deepwater offshore supply vessels.  Hornbeck said the company received a big boost after BP made another major discovery in the late 1990s in the Thunder Horse oilfield. Located about 150 miles southeast of New Orleans, the Thunder Horse platform is the biggest producer in the Gulf, pumping 250,000 barrels of oil and 200 million cubic feet of natural gas per day.

— A big job producer —   Developing Thunder Horse required billions of dollars and countless workers, many of them flown in or carried by boat from Louisiana to install equipment or provide other services, Hornbeck said.   Shipyards, refiners and manufacturers and retailers of an array of industrial equipment also saw an uptick in business because of Thunder Horse, said Don Briggs, president of the Louisiana Oil and Gas Association.   “The support industry for a project as big as this is huge,” Briggs said of Tiber, which could be even bigger than Thunder Horse.

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