The company is oil rich and finding more oil than Exxon and Chevron are finding.
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The technology challenge with oil is finding more of it, not so much in transporting it.
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Big Oil is finding that to make up for declining production from aging megafields they have to drill ever more holes into ever smaller reservoirs.
Larry Nichols has been spectacularly successful at finding oil and natural gas on Wall Street.
The costs of finding oil have, temporarily, doubled precisely because everybody wants to give them work.
When seismic surveys show that there is a good chance of finding oil, companies set about the delicate process of drilling an exploratory well.
This exploration company has a knack for finding oil and gas in the ground without wasting a lot of money looking in the wrong places.
It should ultimately be capable of making ultralight cars at automotive scale and cost, halving steel cars' weight and fuel use, improving safety, costing no more per car and saving oil equivalent to finding a Saudi Arabia under Detroit.
Since drilling wells is the only means of finding oil and natural gas, IDCs essentially amount to what any other industry would be able to deduct as a part of its cost of goods sold, a concept of accounting and tax law as old as the tax code itself.
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The world is going to be in a whole lot of trouble unless we keep finding more oil.
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Whereas most big western firms such as Mobil and Esso are expert at finding crude oil, extracting it from the ground, turning it into petrol and then selling it, Japanese firms tend merely to refine the stuff and sell it.
In April 2008, I wrote about McMoRan and the vision it had for finding significant oil and gas deposits by going deeper in areas that provided significant discoveries decades ago in the Gulf area, both onshore and offshore, in shallow wells drilled years ago.
When it comes, we will not see a steep drop off in oil supply but a so-called "undulating plateau" with oil companies responding to rising prices by finding new and novel ways to wring more oil out of the ground.
The increase is due largely to improvements in finding and recovering oil and gas.
The third group carries out most of the tasks involved in finding and extracting oil.
Exxon-Mobil, like all integrated oil and gas companies is finding the cost of replacing and growing reserves has a nasty habit of rising.
One reason for expecting the deal to revive is that Rosneft may have trouble finding another suitable oil company to exploit Arctic reserves.
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Today, three years after Deepwater Horizon, offshore drilling is booming in the Gulf of Mexico, driven by the continued high price of oil, a series of massive new fields discovered with the help of improved exploration technology, and the growing difficulty of finding major new oil fields abroad.
Unsurprisingly, Shell started "finding" lots more oil and gas by reevaluating what it already had.
Finding and developing new oil fields is an expensive and time-consuming business.
Finding and producing enough oil and gas to replace the oil and gas sold every year is a difficult task for all of the major oil companies.
Finding out exactly how the oil largesse is dispensed is not easy.
Once celebrations to usher in the new republic are over, officials will have to work tirelessly towards developing monetary policies and finding alternative revenue streams to oil.
Finding vast new reserves of oil and gas in your own back yard must count as good fortune in a land as hungry for energy as America.
To do so they're pushing the frontiers of imaging technology to peer beneath miles of water, rock and salt layers thousands of feet thick--all in the hopes of finding billions of barrels of oil trapped below.
Since uranium is 20 times cheaper to find than oil, (in terms of finding cost's share of sale price), the current price run-up has already spawned hundreds of exploration companies, where there were only a handful a decade ago.
There are also rumours in the market that the Saudis are finding it more difficult to lift oil out of the ground.
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