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Taylor Energy Company LLC history
Taylor Energy Company LLC company history timeline
In September 2004, during Hurricane Ivan, an unprecedented undersea seafloor slope failure occurred in the Gulf of Mexico that toppled Taylor Energy’s MC-20 oil platform and swept it 500 feet downslope of its original location.
Asked why it took the bureau more than 14 years to commission the study of a spill that started in 2004, Mason and Taylor said they did not know and could not speak on the bureau’s behalf.
In 2008, TEC sold its oil and gas assets and stopped all production and drilling.
NOAA and its federal partners are in the early stages of the process to assess damages “to determine if public natural resources have been harmed by the oil and gas release.” An assessment of harm related to the BP oil spill in 2010 led to fines.
In particular, a 2018 federal study found that the amount of oil leaking from the damaged rig was much higher and sources of the leaks were different than reported by TEC. The study estimated there was 380 to 4,500 gallons of oil flowing from the site per day.
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Taylor Energy Company LLC competitors
| Company name | Founded date | Revenue | Employee size | Job openings |
|---|---|---|---|---|
| Denbury Resources | 1951 | $1.7B | 657 | - |
| Sanchez Oil & Gas | 1972 | $443.8M | 50 | - |
| Murphy Oil | 1950 | $2.0B | 675 | 17 |
| Vastar Resources | 1993 | $1.3B | 1,151 | - |
| Houston American Energy | 2001 | $560,180 | 2 | - |
| Devon Energy | 1971 | $15.9B | 1,400 | 62 |
| Royale Energy | 1986 | $1.6M | 10 | 57 |
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Taylor Energy Company LLC may also be known as or be related to TAYLOR ENERGY CO LLC, Taylor Energy Co. LLC, Taylor Energy Company and Taylor Energy Company LLC.