Moffett believed that drilling deeper below those exhausted sands in the same shallow water areas would be highly productive.
Drilling deeper wells is one option they favoured.
ECONOMIST: Scientists have offered a solution to the arsenic wells
The plan is to keep gobbling up old shallow fields, using new technology to get more oil and gas out of them, all the while drilling deeper in search of the motherlode.
FORBES: Names You Need To Know In 2011: John Schiller At Energy XXI
Drilling down deeper, to the city level, could tap the richest veins for some categories in some geographies.
FORBES: Go Beyond The Usual Suspects To Find Growth In Emerging Markets
Using ever fancier technologies, the oil business is drilling in deeper waters, more difficult terrain and even in the Arctic (which, as global warming melts the polar ice cap, will perversely become the next great prize in oil).
The Scarabeo-9 will be drilling in even deeper waters, and sea currents mean that any spill would threaten the Florida coast.
Should the mesquite be allowed to kill the casuarina trees by drilling its roots deeper and depriving them of water, as in some places it seems to be doing?
Repsol will be drilling in waters that are deeper than those in which the Deepwater Horizon rig operated at the time it exploded last year.
FORBES: Cuba Chases 5 Billion Barrels of Undiscovered Oil; U.S. Groups Respond
Moffett believed that by using new seismic tools and drilling techniques the company might discover deeper and larger pools of gas under the now-exhausted shallow pools of oil and gas.
Drilling down in the comScore data a bit deeper we find that Facebook and Instagram took the top two mobile app spots by time spent or engagement.
Surprisingly, life goes on in the deepwater, with the Mineral Management Service having unexpectedly approved a handful of permits to drill wells in waters even deeper than the Macondo prospect despite a moratorium on new drilling.
It takes longer to obtain a drilling permit or to receive approval of an expanded permit to be allowed to drill a well deeper than originally permitted.
FORBES: McMoRan DeRisks the Ultra Deep As It Nears a Financial Bonanza
应用推荐