The phrase “deepwater well” still makes a lot of people shiver, even six years after the Deepwater Horizon disaster that caused the worst oil-related environmental catastrophe in history.

U.S. regulators are stepping up efforts to figure out why metal bolts used to connect subsea oil equipment such as blowout preventers keep breaking, a sign that concerns about these failures are ...

Hence, the well-being of oilfield equipment businesses is positively correlated to expenditures by upstream companies. ... 3 Oil & Gas Equipment Stocks Trying to Survive the Industry Challenges.

The rig itself was found on the sea floor about 1,500 feet from the well. The sheen of crude oil and water mix on the surface of the water was still more than 40 miles from shore at its closest ...

The Zacks Oil and Gas - Mechanical and Equipment is an 8-stock group within the broader Zacks Oil - Energy sector. The industry currently carries a Zacks Industry Rank #103, which places it in the ...

The steps required to get an oil well up and running are defined as intangible drilling costs. These preparatory expenses have been tax-deductible in the U.S. since 1913.

BP could have ended its massive oil spill in the Gulf of Mexico sooner if it had built a capping stack before the 2010 blowout of its well off the coast of Louisiana, a company executive said ...

The Wellhead Versus the Christmas Tree . The Christmas tree is sometimes confused for the wellhead of an oil well. The Christmas tree sits atop the wellhead, but it is a separate piece of equipment.