Taylor Energy and 14 years of leaking oil

quote:

---

But how in the hell, 14 years later, has this not been fixed.

---

See that can right there? Give it a kick and watch as it goes down the road a bit.

Feels good to give the can a nice kick huh?

B b b b but O and G only help our state.

quote:

---

We have fed regulators out the wazoo and yet this is allowed to just roll on.

---

But the dopamine rush when you kick the can is just. So. Amazing.

quote:

---

I doubt seriously it's as bad as has been described. But how in the hell, 14 years later, has this not been fixed.

---

Just west of Tulsa is a lake the city gets water from (Keystone Lake). There is also a leaking oil pipeline under the lake since just a few months after either that pipeline or the lake was completed late 1950's/early 1960's. Just always considered too costly to repair. Of course over time the costs keep going up so it's still there.

quote:

---

I can’t believe the government had the audacity to sue that job-creating oil company.

---

The government didn't sue anybody.

I was actually on the kill team that drilled into the wells and pumped cement into them (I ran special MWD tool that would get bit close to wells). Ten of the 28 wells were done first and chosen as the ones that were leaking oil or they thought were the culprits. Mrs. Taylor put up a large portion of the money (can't remember but in the hundreds of millions) and we did the first ten. Years later still leaking and she said she's not putting up anymore money to do anymore and that's where it's at. She said she's done with it. She inherited the company from her late husband who the LSU Engineering Dept is named after. They're a very wealthy New Orleans couple and from all accts a very nice and giving charitable family. It's a sad situation though.

(no message)

Isn’t this the family that started the TOPS program?
IDK...Could be. They did all sorts of good things for the state. She even visited the rig once and personally handed out our rig bonuses to everyone on the kill project. She's a nice lady but this thing is a bad deal for everyone involved. I think it would have financially broken her to kill all 28 of them. Taylor Energy was pretty big back in the day but since Mr Taylor passed they're hardly even a operator in the GOM anymore.

I hear you man. Don't shoot the messenger...I'm just passing on what I know and my experience with this. I have no dog in this fight but I think that's what she's said. F it and let the law suits rain. She's up there in age and decided it would be better for them to sue for the money than to just give it to them.

From Wiki:

quote:

---

After achieving success, Taylor became a champion for free college education. He achieved some press in 1988 for promising a group of 183 middle school students that he would provide for their college education if they could maintain their grades

---

quote:

---

Circa February 1, 2008, Taylor Energy Company, one of the largest privately owned oil and gas companies operating in the Gulf of Mexico, has agreed to sell all its energy assets to a joint venture between Korea National Oil Corporation and Samsung C&T Corporation.

---

They don't have any children, I wonder who is getting their fortune.

quote:

---

In 2015 the Associated Press reported that Taylor Energy's well has been leaking oil into the Gulf of Mexico since Hurricane Ivan struck the Gulf of Mexico off of Louisiana in 2004, and that Taylor Energy currently has only one full-time employee.[5] By October 2018, the continuing spill was approaching the level of the 2010 Deepwater Horizon oil spill,[6] the largest marine oil spill in the history of the petroleum industry.

---