jackups
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The merger of Ensco and Rowan creates a company with growing cash flow from the biggest fleet of jackup rigs, and growth potential as deepwater drilling comes back.
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The success of an upstream startup in the 1970s might offer lessons for those entering the oil and gas industry today.
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A strong reason for removing old platforms from the Gulf of Mexico, rather than trying to squeeze more years of marginal production out of them, is hurricanes.
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