BP owns part of Noble well that got first permit

HOUSTON, March 1 Tue Mar 1, 2011 12:16pm EST

Related Topics

HOUSTON, March 1 (Reuters) - BP Plc (BP.L)(BP.N), whose Macondo well blowout in the Gulf of Mexico caused the worst offshore oil spill in U.S. history last year, co-owns the well that received the first deepwater drilling permit since the disaster.

BP is Noble Energy Inc's (NBL.N) partner in the well, holding a 46.5 percent interest, BP said.

Noble operates the Santiago well that received a permit on Monday to resume drilling in the Mississippi Canyon area of the Gulf, about 70 miles (110 km) south of the Louisiana coast. (Reporting by Kristen Hays)

A couple walks along the rough surf during sunset at Oahu's North Shore, December 26, 2013. REUTERS/Kevin Lamarque

Find your dream retirement town

Florida? Hawaii? Reuters has teamed up with Zillow to give you the power to customize a list of your best places to retire.  Video | Full Article