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he said of deep-sea drilling bets ... He added that in shale drilling, operators can strike oil in a matter of months, running rigs at a fraction of the $500,000 per day cost associated with ...

Operator Premier Oil has suspended operations on the 4/20-1 (Isobel Deep) well, following a problem detected on the drilling rig blowout preventer ... phases of the Sea Lion field development ...

Britain approves new North Sea oil ... offshore oil drilling safety regulations, including rules regarding the use of "blowout preventer" devices on offshore oil and gas drilling rigs.

One of two types of bottom-supported MODUs (the other being the much less popular submersible rig), jackup rigs rest on the sea ... drilling rigs, jackups can drill in waters up to 350 feet deep.

The number of U.S. rigs drilling for crude — a closely followed metric that can point to future oil output — fell by nine to 480 this week, the biggest drop since June 2023, according to data ...

The Norwegian Offshore Directorate (NOD) has issued Aker BP a drilling permit for a wildcat well in the North Sea.The Permit is ...

Situated about 170 km from Shenzhen in south China's Guangdong Province, the oilfield sits at an average water depth of 100 meters. Test drilling has yielded a daily production of 413 barrels of crude ...

India’s state-controlled Oil ... rig DDKG-1 embarked on its next challenge—re-exploration of the Andaman offshore,” ONGC said. The company stated that the well “pushes India’s deep-sea ...