May

8

Big Oil Chevron Ready to Drill Deeper and Safer Offshore

May 8, 2012 | 2 Comments

Chevron is about to put the first deepwater drillship designed with the capacity to perform ‘dual gradient drilling’ to work. The ship is a Samsung 12000 design capable of operating in 12,000 ft (3,658 m) water depth and is equipped for 40,000 ft (12,192 m) drilling depth. Able to work in 2 1/3rd miles deep […]

Feb

22

A New Gulf of Mexico Oil Field Find May Be a Giant

February 22, 2012 | 8 Comments

The BP blowout reaction a couple years ago put a lid on oil and gas development in the Gulf of Mexico that has yet to be fully lifted.  With oil over $100 today and the projections on prices looking scary for the economy and average Americans, a little good news is very welcome. A midsize […]

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