The BP oil rig in the Gulf of Mexico that exploded April 20 was ... It can cost $50 million just to map a potential reserve, and $100 million to drill an exploratory well. The entire platform ...

An oil rig in the Gulf of Mexico that caught fire after an explosion on Tuesday night has now sunk, the US Coast Guard has said. A search is continuing for 11 missing workers after the blast at ...

I had an interesting conversation last week with one of our readers, Sal from Louisiana, who works on an offshore oil rig in the Gulf. This is certainly a "dirty job" but I was impressed by how ...