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Poolside photos of 59-year-old Christie Brinkley are a Web sensation
PARIS, Dec. 5 (UPI) -- French supermajor Total announced it made a discovery in deep waters of the Gulf of Mexico that it says may hold millions of barrels of oil.
Total said it made a "significant" discovery in the North Platte prospect in the Gulf of Mexico. The French company said it encountered "several hundred feet of net oil pay" in the region.
"Total estimates this discovery can have a potential of several hundred million barrels of oil," it said in a statement. "Further appraisal will be needed to confirm its size and commerciality."
North Platte lies in 4,400 of water. The company said its well was drilled to a depth of 34,500 feet.
The U.S. Department of Interior's Bureau of Ocean Energy Management last month conducted lease sale 229 in New Orleans, putting more than 20 million gulf acres on the auction block.
The BOEM estimated the lease could result in the production of, on average, 150 million barrels of oil and 730 billion cubic feet of natural gas.
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REYKJAVIK, Iceland, June 19 (UPI) --
Iceland's new prime minister this week cited the country's mackerel fishing dispute with the European Union as a prime example of the value of sovereignty.
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PARIS, June 18 (UPI) --
Engine-maker Pratt & Whitney has announced delivery of its 100th F135 propulsion system to the U.S. government for the F-35 Lightning II fighter.
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Properties repossessed by lenders in the first quarter took an average of 477 days to complete the foreclosure process, up from 414 days in the previous...
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Nobody likes spending cuts but the champion of that attitude is clearly President Barack Obama, who seems to have a very clear pain-avoidance agenda.
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