Ok so who on here has actual ties to the Oil and Gas industry

Almost 10 years offshore in different positions, mostly in drilling, some production. In the office the past 6 months, working with well planning and cased hole work. Not an engineer, and definitely not a down hole expert. Many of the posters have helped me understand more because of the work they do, and how they've explained it.

I use to do IT work for a logging company for 3 years, where I spent alot of time on land and offshore rigs. I currently work for a very large services company. The obama thing makes me worried, but we have alot of international work. This Obama thing will surely hurt our deepwater work. That is where most of our domestic work is.

10 years: 4 in production, 6 in deepwater drilling, all of it in the gulf.

2 years working offshore for a service company, 5 years working appraisal & development planning for a major.

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So who else agrees that Transocean so far is getting a "pass"? I agree the "oil" is BP's but the rig, process and safety is Transocean. They are getting off so far unharmed. I'd be reminding people too who's rig this was... But all in all the big name is BP and that is what people are going after.

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you can bet your arse that the bp lawyers will look to get compensated by transocean if the mms investigation comes back as transocean's fault.

When you lease the block, you take ultimate responsibility for all permitted activity that goes on, so the buck ultimately stops w/ BP. Furthermore, BP is hugely tied to TOI in terms of mitigating this incident (relief well and "dome"), current drilling & completion operations going on in the Gulf, and all over the world.

Now, when this is all said and done, and the root cause of the incident has been established, then i think it's fair to start divying up blame -- i'm sure a 3rd party vendor's piece of equipment will enter into the mix as well -- however, this is not the time for that finger pointing.

my guess is a lot of the people on the board have relevant knowledge and experience.

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When you lease the block, you take ultimate responsibility for all permitted activity that goes on, so the buck ultimately stops w/ BP. Furthermore, BP is hugely tied to TOI in terms of mitigating this incident (relief well and "dome"), current drilling & completion operations going on in the Gulf, and all over the world.

Now, when this is all said and done, and the root cause of the incident has been established, then i think it's fair to start divying up blame -- i'm sure a 3rd party vendor's piece of equipment will enter into the mix as well -- however, this is not the time for that finger pointing.

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This pretty much sums up how i feel about the situation as well.

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This pretty much sums up how i feel about the situation as well.

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Don't forget any engineer(s) that were contracted to draw up the plans for the failed areas. They too will be targeted.