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Deep Water Oil Drilling Gulf Mexico 2012
By early 2012 there will be more rigs in the Gulf designed to drill in its deep water defined as 2,000 feet or deeper — than before the spill. Two hundred miles off the coast of Texas, ribbons of pipe are reaching for oil and natural gas deeper below the ocean’s surface than ever before. [...]
Monday, January 2nd, 2012Oil analysist: Oil spill casts doubts on deep water exploration
Analysts Oil: the disaster caused by the Gulf of Mexico oil spill has cast doubts over the future of deep water exploration and is likely to have the long-term effect of raising oil prices, analysts say. British oil giant BP has struggled to stem the crude gushing from a ruptured underwater pipe after the Deepwater [...]
Monday, June 14th, 2010