Record Number of Rigs Drilling In Ultra-Deep Gulf Waters

Friday, August 24, 2007
The U.S. Minerals Management Service, which manages federal offshore leases, said a record number of drilling rig are working in ultra-deepwater in the Gulf of Mexico. Fifteen rigs are currently drilling for oil and natural gas in the ultra-deepwater of the Gulf at depths of 5,000 feet or greater. MMS officials say the record is the result of a decade-long trend of exploration companies looking to deeper regions of the Gulf.

Currently, 70 percent of the Gulf’s oil production and 40 percent of its natural gas production comes from depths of 1,000 feet or greater. In July, Anadarko Petroleum Corp.’s Independence Hub, a semi-submersible platform located in 8,000 feet of water, began producing natural gas, marking the world’s largest offshore petroleum facility and the deepest production platform. The project beat the former record holder, the Na KiKa floating system, located in 6,340 feet of water, operated by Shell Offshore Inc. and BP Exploration and Production Inc.

Maritime Reporter September 2014 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

Offshore

Ocean Rig, Petrobras Agree to $1.1b Drill Ships Lease

Cyprus-based Ocean Rig UDW Inc said on Monday that it signed a $1.1 billion three-year contract with Brazil's state-run oil company, Petroleo Brasileiro SA, to

GAO: Ending Crude Export Ban Could Ease 'Price at the Pump'

As the energy profile of the U.S. continues to improve and evolve daily, fresh debate in favor of exporting oil and gas products -- which would have a significant impact on the U.

Autonomous Technology for Offshore Wind Farm

ASV Ltd in association with Planet Ocean Ltd, have received funding from the GROW:OffshoreWind initiative to investigate how the use of Autonomous Surface Vehicles

 
 
Maritime Contracts Maritime Standards Naval Architecture Navigation Offshore Oil Port Authority Salvage Ship Electronics Shipbuilding / Vessel Construction Winch
rss | archive | history | articles | privacy | terms and conditions | contributors | top maritime news | about us | copyright | maritime magazines
maritime security news | shipbuilding news | maritime industry | shipping news | maritime reporting | workboats news | ship design | maritime business

Time taken: 0.1120 sec (9 req/sec)