The Macondo Prospect (Mississippi Canyon Block 252, abbreviated MC252) is an oil and gas prospect in the United States Exclusive Economic Zone of the Gulf of Mexico, off the coast of Louisiana. The prospect was the site of the Deepwater Horizon drilling rig explosion in April 2010 that led to a major oil spill in the region from the first exploration well, named itself MC252-1 (nicknamed also Macondo-1), which had been designed to investigate the existence of the prospect.
Name
Oil companies routinely assign code names to offshore prospects early in the exploration effort. This practice helps ensure secrecy during the confidential pre-sale phase, and later provides convenient names for casual reference rather than the often similar-sounding official lease names denoted by, for example, the Minerals Management Service in the case of federal waters in the USA. Names in a given year or area might follow a theme such as beverages (e.g., Cognac), heavenly bodies (e.g., Mars), or even cartoon characters (e.g., Bullwinkle).
The name Macondo had been the winning selection in a BP employee contest as part of an internal United Way campaign.[1] It comes from the fictitious cursed town in the novel One Hundred Years of Solitude by Colombian Nobel Prize-winning writer