Living it up

We celebrated BP Day in the quarter at Acme. Despite our anxiety four years ago, gulf seafood like those oysters pictured above is still available.

Of course there are still grave concerns about these fisheries.  And despite BP's announced end of "active cleanup" it's certainly not difficult to find tarballs on the beaches. I'm not at all convinced that I haven't been poisoning myself these past few years. 

But, hey, while we're still alive we might as well live, right?  It's what BP is doing.

BP has rebuilt its armada of deep-water drilling rigs to nearly double its size before April 20, 2010, fired up three big expansion projects since last April and in March reached a deal with the federal government to lift a 16-month suspension from entering into new federal contracts for leases in Gulf oil fields.

“We’re fully back in,” said Richard Morrison, regional president of BP’s Gulf of Mexico business, in a recent interview with FuelFix.

The Gulf has become one of BP’s most profitable regions in the world, and the company has produced only about a fifth of the reserves from its four giant Gulf fields. Those, along with newly discovered ultradeep-water oil patches, “will keep our geologists and rigs busy for the next several decades,” Morrison said. “That’s why we have confidence in the future.”

Meanwhile, as they've merrily gone about their business, and as most of us have been merrily slurping down whatever might be in those oysters, Clay has been watching the BP trial close up.  Here's his latest post on what's gone on there.