oil rig mapStill reeling from the devastation caused by the explosion of BP's Deepwater Horizon rig, the U.S. got another scare Thursday as the Coast Guard responded to another rig explosion in the Gulf of Mexico.

The accident, which happened at 9:30 a.m., took place 80 miles south of Vermillion Bay off Louisiana on the Vermillion Oil rig 380, which is owned by Houston-based Mariner Energy (ME). Shares of Mariner initially dropped more than 4%, before recovering some ground, as reports of the explosion reached news outlets. Shares of Apache (APA), which is expected to buy Mariner Energy, also fell more than 1%.

According to CNN, and contrary to earlier reports, there were 13 workers on board the rig. Twelve of them were rescued in the water and one person is injured.

A Mariner spokesman told CNBC that there "doesn't appear that there is any spill or sheen to be seen on the water" following the fire. He explained that the fire happened away from any areas involved in oil production and said the facility isn't a drilling rig, but rather a production facility.

The news is the latest scare for the Gulf region involving offshore oil rigs. On April 20, Transocean's (RIG) Deepwater Horizon rig, which was being leased by BP (BP), exploded as the Macondo well in the Gulf blew out, causing a massive oil spill that took more than two months to contain. Eleven crew members died in the explosion.

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jallen32

drill baby drill: or depend on windmills, which we don't have or depend on S. Arabia

September 02 2010 at 8:53 PM Report abuse +1 rate up rate down Reply
chrisdz

we special interests deserve every place in politics. it's you little-people that mess everything up. but a million here and a million there, and we can get stupid people to vote for our guys. and then we don't have to listen to your whining for another 4 years. by all means, carry on and on and on. go BP.

September 02 2010 at 8:01 PM Report abuse -1 rate up rate down Reply
PeopleSmoks

Ummm... I guess Salazar (the guy 0bama put in charge of the DOI back in Jan '09) still hasn't stepped to the plate after the BP screw up on the 0bama watch. No rig expolsions during Bush's 8 years! 0bama is much much better... CHUCKLES!

September 02 2010 at 7:32 PM Report abuse +1 rate up rate down Reply
Susie

The RNC had to take out a $10 million loan...........MORE deficit spending. WHO VOTES for these people????

September 02 2010 at 5:08 PM Report abuse -3 rate up rate down Reply
2 replies to Susie's comment
Susie

I'm saying they're spending money they don't have yet.

September 02 2010 at 5:25 PM Report abuse -1 rate up rate down Reply
Susie

I read that the state of Alabama came in 50th out of 50 states in President Obama's Race to the Top education program........and that Alabama is taking out loans to keep the schools going in several counties. Deficit spending.......what republicans do well. They don't do education well......but they are great at deficit spending.

September 02 2010 at 5:02 PM Report abuse -5 rate up rate down Reply
Susie

I heard that the release of GW Bush's book was pushed back to November after the elections.....lol

September 02 2010 at 4:57 PM Report abuse -1 rate up rate down Reply
Susie

LOL, goringm..........I suspect you would be very careful.

September 02 2010 at 4:47 PM Report abuse -1 rate up rate down Reply
3 replies to Susie's comment
Susie

NAFTA was George H. W. Bush's baby..........he had a ceremonial signing with Canada and Mexico before he left office. Dckdraggin.........I would say YOU have some reading to do.

September 02 2010 at 4:44 PM Report abuse -2 rate up rate down Reply
3 replies to Susie's comment
Susie

Republican Phil Gramm is credited with pushing Gramm (uh hem) Leech Bailey through congress. John McCain.......had he been elected.......planned to name Phil Gramm as his Treasury Secretary. He's the one who said we were going through a "mental recession".........and that we were a "nation of whiners". Nice guy.

September 02 2010 at 4:42 PM Report abuse -2 rate up rate down Reply
Susie

It's hard to think of any one man who has done more damage than Bush.......other than Hitler.

September 02 2010 at 4:38 PM Report abuse -3 rate up rate down Reply