GoM operators re-man platforms after storm

first_imgOffshore oil and gas companies in the U.S. Gulf of Mexico have completed re-boarding offshore platforms and rigs following Tropical Storm Michael.BP’s Na Kika platform in the Gulf of Mexico / Image by BPThe Bureau of Safety and Environmental Enforcement (BSEE) said that based on data from offshore operator reports submitted as of 11:30 a.m. CDT Friday, personnel have returned to all of the previously evacuated platforms and rigs in the Gulf of Mexico.At one point last week, workers were evacuated from 89 production platforms, leading to a 40 percent drop in the U.S. Gulf of Mexico oil production.As per BSEE’s Friday report, some 15.8 percent of oil production and 8.9 percent of the natural gas production in the Gulf of Mexico remained shut-in.“Since the hurricane has passed, facilities are being inspected. Once all standard checks have been completed, production from undamaged facilities will be brought back online immediately,” BSEE said on Friday.British oil giant BP had had four platforms evacuated last week – Atlantis, Mad Dog, Na Kika, and Thunder Horse. The company on Thursday said it had started redeploying offshore personnel.last_img read more

Gold Fields PGA Championship: Kojo Barnni retains title

first_imgTarkwa-based golfer Kojo Barnni produced a splendid performance to win the 2018 Gold Fields PGA championship held at Damang Golf Course last week. Barnni, a pro teaching golfer at the Tarkwa golf club, retained the title he won last year with a total gross score of 279 in 72 holes over four days. Former champions Amos Korblah and Vincent Torgah finished second and third respectively. Barnni was given GHS 35,000.00 and also decorated with a jacket symbolizing the reigning Champion of the biggest professional golf tour in Ghana. Speaking to the media after being crowned champion, Barnni expressed his excitement at finishing the year with a trophy. “This is my fourth competition of the year and I managed to become third, fourth and fifth in all of them. So my target was to finish first in this competition and I am happy I was able to achieve it,” he said.  —last_img read more

March Madness 2019: Because of heavy favorites, odds for NCAA Tournament sleeper picks low

first_imgMORE FROM TEAMRANKINGS: NCAA Tournament Prediction ToolEditor’s Note: This analysis is from TeamRankings.com, which provides data-driven NCAA bracket picks and tools. Last year, 63 percent of TeamRankings subscribers reported winning a prize in a bracket pool.March Madness 2019: NCAA Tournament bracket pool tips, adviceOften, taking a value-driven approach to your bracket means identifying a No. 3, 4, or 5 seed that is being hugely underrated by the public but still has a solid shot to make the Final Four or beyond. Picking that type of team to make a deep run is usually pretty solid advice (especially for bigger pools) — but not this year.Successful value picking strategy depends heavily on the specific characteristics of each year’s bracket, and in short, 2019 looks like a terrible year for sleeper picks.Want proof? As of Monday afternoon, here are the eight teams with the best futures odds to win this year’s NCAA tournament, according to one of the most respected offshore sports books:No. 1 DukeNo. 1 GonzagaNo. 1 VirginiaNo. 1 UNCNo. 2 Michigan StateNo. 2 MichiganNo. 2 TennesseeNo. 2 KentuckyThat almost never happens.MORE TEAMRANKINGS: Four overrated Sweet 16 picksMarch Madness 2019: Are there any good “sleeper” picks?Ultimately, if you get too cute with your bracket picks this year, you’ll be taking some huge risks. The chance that a non-No. 1 or 2 seed wins it all is much lower this year than in many past years. Consider these facts:This year, according to our bracket projections, the best chance for a No. 3 seed or worse to win the NCAA championship is No. 3 Texas Tech — but its odds are just 2.4 percent. Last year, No. 3 Michigan State had 5.9-percent title odds, more than twice as good. In 2014, No. 4 Louisville had a 10.9-percent title odds, over four times as good.Based on our pre-tournament projections since 2011, this is only the third season in which no team seeded No. 3 or worse has had at least a three-percent chance to win the title.According to our simulations, there’s a whopping 68-percent chance that a No. 1 seed wins the 2019 NCAA tournament this year. That’s the single highest percentage chance of that outcome occurring in the past nine years. Last year, in comparison, those odds were only 42 percent, and No. 1 Villanova ending up doing it.You get the point. So, what are the implications for a winning bracket strategy?In short, the successful application of value picking to this year’s bracket will likely involve figuring out which of the top-seeded teams are the right ones to “bet on” in your bracket. There are eight solid teams on the top two seed lines, including some value picks among that bunch. Smart NCAA Tournament pickers know that choosing favorites to win every game isn’t necessarily the best way to win your March Madness bracket pool. To maximize your edge, you need to identify value and/or upset picks — good teams that are flying under the radar of the general public (i.e. your opponents).Picking unpopular teams gives you an extra boost in your pool standings when those picks win. Especially if you’re in a bigger pool competing against dozens or hundreds of brackets, “fading the public” in the right spots is what often separates a decent bracket from a prize-winning bracket. The sleeper teams this year just look too damn risky, when, according to the betting markets, a team like Duke has more than 10 times the odds to win than any No. 3 seed or worse. (Duke’s also an extremely popular pick this year, though, which is a negative.)We’ve crunched all the numbers to figure out this year’s best picks for small pools, large pools, and all types of different scoring systems. If you’re interested in seeing the bracket that will give you the best chance to win your pool, please check our product: NCAA Bracket Picks from TeamRankings.Since 2017, TeamRankings subscribers have reporting winning over $1.1 million in bracket pool prizes.last_img read more