May
8
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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