Tag Archives: drill

Rush to drill deeper carries big risks

Posted on July 3, 2010 by admin

NEW ORLEANS — The explosion of the Deepwater Horizon oil rig has brought into sharp focus the high stakes trade-off in the energy industry’s push to drill in ever deeper waters in search of huge oil deposits. Despite the mammoth … Continue reading →

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Placing the oilfield drill bit to record depths : Pt 2 Jack field Oilfield drill bit.

Posted on May 27, 2010 by admin

By JERICAN for OIL-PRICE.NET, 2006/11/26 The Jack Field oil discovery was greeted by the American news media with euphoria. On September 6,2006, The New York Times carried this big headline, “New Oil Field in Gulf May Yield Billions of Barrels”. … Continue reading →

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Placing the oilfield drill bit to record depths : Pt 1 Jack field Various offshore oil drilling platforms

Posted on May 25, 2010 by admin

By JERICAN for OIL-PRICE.NET, 2006/11/13 Until recently, seismic images from below deep salt formations were muffled and largely useless. New advanced mathematical formulas and other new technology allow interpreting the images, bringing potential new discoveries of oil and gas from … Continue reading →

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