Frade Spill a Wakeup Call for Deepwater O&G Exploration off Brazil
Claudio Paschoa
June 16, 2013
The seabed oil spill that is still ongoing next to the Frade oil field in the Campos Basin is again raising the local awareness to the inherent dangers associated with O&G exploration. As many politicians and environmentalists hit the panic button, this kind of spill is, if not expected, is a definite possibility. There is simply no failsafe way to drill for oil and when the actual drilling is done underwater the risks compounded and the time it takes to resolve the issue is also increased. As this particular spill is a deep water event 1,200 meters deep it may not be so easy to stop and Chevron, the well operator has already taken steps to shut down the well permanently, this may also point to a loss of well control and a possible blowout.