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It's fairly well leased.
"We were pretty well leased up by the time we finished with our local permits," Mr. MacPherson said.
The robots sent down to the Deepwater Horizon well, leased by BP, haven't managed to shut it off.
Both are important office towers that are well leased.
Similar(56)
BP owned the well lease.
Although local oil and gas companies invest an average of $1.6m per well, leasing BLM land for exploration and drilling rights is cheap.
He sold some of his well leases to Mr. Caldwell, who, despite working alongside his son and grandson, says, only half-jokingly, that he may be the last one to stick out the oil business in Vivian.
But the hearings have been dominated by disagreements among lawyers for the companies involved: BP, which owned the well and leased the rig; Transocean, the rig's owner; and Halliburton, which poured cement around the well.
The incident occurred on Dec. 23 aboard a rig called Sedco 711 at an oil well being leased by the Shell Oil Company.
The administrators at Binghamton might as well have leased out a portion of the campus to a counterfeiting operation or a prostitution ring or a drug mill.
Anadarko Petroleum was also a minority partner in the well, Transocean leased the rig to BP, and Halliburton was supplying services aboard the vessel.
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