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Article

10 Oct 2011

Author:
Ayesha Daya, Bloomberg

U.S. Wildcat Culture Risks Macondo Oil Spill Repeat, Graham Says

The U.S. risks a repeat of the 2010 Macondo oil spill as its “wildcat culture” fails to put a premium on safety and security, the co-chairman of the National Commission on the BP Deepwater Horizon Oil Spill said. “U.S. oil and gas culture is the culture of the wildcat that’s been transferred offshore,” Bob Graham said...“The Gulf of Mexico had a culture of complacency. For every one fatality in the North Sea, there were four in the Gulf of Mexico.”...The industry has taken a defensive position, seeking to install a safety entity within the American Petroleum Institute, a trade association made up of U.S. oil and gas companies, Graham said. He doubts the credibility of a safety body that is being run by the same group that advocates oil and gas drilling...The North Sea is better regulated, said Graham...The U.S. should follow the North Sea’s “safety case” approach, which asks operators to identify all the risks associated with drilling in a specific area, rather than the prescriptive approach taken in the U.S. [refers to BP, Transocean, Intetech]