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Taylor Energy News

13 Jul 2022

One Million Gallons Collected from US' Longest Running Oil Spill

Research vessel at the Taylor Energy oil spill site offshore of Louisiana pre-containment. (Photo: NOAA)

Response crews have collected more than one million gallons of oil from a Gulf of Mexico spill that has been ongoing for nearly 20 years.The U.S. Coast Guard (USCG) and partner agencies have been working to contain oil that continues to leak from damaged wells in Mississippi Canyon Block 20 (MC-20), located 11 miles south of the Louisiana shoreline, after storm surge from Hurricane Ivan in 2004 triggered an underwater mudslide that toppled Taylor Energy's MC-20 platform. The active spill is the longest-running in U.S.

23 Dec 2021

Taylor Energy, U.S. Feds Reach $475M Settlement in Longest-running Offshore Oil Spill

Credit: Studio Barcelona/AdobeStock

Oil company Taylor Energy Co LLC agreed to transfer a $432 million cleanup trust account to the U.S. government and pay an additional $43 million to resolve a lawsuit over its role in the longest-running oil spill in U.S. history under a proposed deal filed in New Orleans federal court on Wednesday.The New Orleans company and federal officials filed a proposed consent decree to resolve claims arising from a 2004 incident when Hurricane Ivan caused one of Taylor's offshore drilling platforms to collapse in the Gulf of Mexico.

07 May 2010

NOIA Member Deepwater Horizon Response

As BP, the National Response Team, and an army of volunteers respond to the Deepwater Horizon incident in the Gulf of Mexico, NOIA member companies are lending their resources in an unprecedented cooperative effort to stop the flow of oil and prevent further damage to the environment. These resources include land-based and offshore facilities, aircraft, marine vessels, remotely operated vehicles (ROVs), a containment dome, subsea tooling, subsea video, dispersant, personnel, and technical expertise on suction systems, blowout preventers, dispersant injection, well construction, containment options, subsea wells, environmental science, emergency response, spill assistance, well intervention, and drilling and well competence.

15 Oct 2007

Taylor Named to Forbes List

Phyllis Taylor, wife of the late Taylor Energy founder Patrick Taylor, is No. 297 on the Forbe’s Magazine’s list of 400 wealthiest Americans. She is the only Louisiana resident to make the list, which included Americans with a minimum net worth of $1.3 billion. Taylor, 66, is now owner of New Orleans-based Taylor Energy and carries a net worth of $1.6 billion, according to the magazine. Taylor Energy is the largest privately held oil and gas company operating in the Gulf of Mexico, producing 6.5 million barrels of oil and natural gas equivalent each year.

21 Aug 2006

Tidewater Christens New Vessel

Tidewater Inc. announced that one of its new vessels, the M/V Pat Taylor, named in honor of the late New Orleans businessman, Patrick F. Taylor, will be christened on August 21, at the wharf of the Hilton New Orleans Riverside. Mrs. Phyllis M. Taylor, wife of Pat Taylor and current Chairman and CEO of Taylor Energy Company LLC, will christen the new 220-ft. platform supply vessel which was built by Quality Shipyards, LLC, a subsidiary of Tidewater located in Houma, La.