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SandRidge's chief executive, Tom Ward, said the merger would add low-risk drilling opportunities, while extending the company's move since late 2008 to increase oil production and reserves.
In other words, it is wrong to limit deep-water drilling opportunities to companies that can afford to pay restitution if they screw up.
The company has already announced plans to sell £4bn worth of drilling opportunities in the US and further afield to Apache Corporation.
Denmark plans to lay claim to parts of the North Pole and other areas in the Arctic, where melting ice is uncovering new shipping routes, fishing grounds and drilling opportunities for oil and gas, a leaked government document showed Tuesday.
"With more targets available, there would be more drilling opportunities that meet the economic hurdles," said Jerry Jeram, a managing director and head of petroleum engineering at CIT Energy, a firm that finances energy projects.
Decades of protections are unwinding with extraordinary speed as Republicans move to lock in drilling opportunities before the 2020 presidential election, according to interviews with over three dozen people and a review of internal government deliberations and federal documents.
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The administration and its Congressional allies, for example, see the Arctic National Wildlife Refuge in Alaska as the next big drilling opportunity in the United States.
Shell also is exploring Arctic oil-drilling opportunities in Russia, Greenland, and Norway.
Whether the deliberate jamming of security communications is a decade-long prank or the result of individuals or groups using Indian Point safety drills as opportunities to test their own ability to cause mayhem during a terrorist attack is not known.
The problem is that Colombia's three largest fields -- Caño Limon, Cusiana and Cupiagua -- have reached their peak of production, while some big multinationals like ExxonMobil and Royal Dutch/ Shell have abandoned production in the country, drawn by the prospect of deep-sea drilling and other opportunities elsewhere.
Many steps in the drilling process provide opportunities for human and technical error, and some cannot be identified until it is too late.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com