Feds Halt Drilling Work For 5 Cos. Lacking Safety Plans

Law360, New York (November 21, 2013, 4:01 PM EST) -- Federal regulators have forced five oil and gas companies to stop drilling operations in the Gulf of Mexico because they missed a deadline for exhibiting new safety and environmental capabilities required after the massive 2010 Deepwater Horizon explosion and oil spill, the government said Wednesday.

The Bureau of Safety and Environmental Enforcement ordered the shutdown when it didn't receive safety and environmental management systems, or SEMS, audit plans from Exxon Mobil Corp. subsidiary XTO Energy Inc., EP Energy, Breton Energy LLC, Virgin Offshore USA and Matagorda Island...
To view the full article, register now.