Shallow-water drilling has been the heart of the offshore industry for decades. Ninety-eight percent of the 3,400 platforms operating in the Gulf are in shallow water. They produce 30 percent of the ...

The federal government Wednesday granted a permit for Bandon Oil and Gas to drill in shallow Gulf of Mexico waters, though a ban on new exploration in deeper areas continues. The move by the Minerals ...

Even as the country debates the merits of deepwater drilling, the number of permits granted for shallow water drilling has fallen almost to zero. If we don't reverse this trend, it could be more ...

Vancouver, British Columbia--(Newsfile Corp. - July 2, 2024) - Canter Resources Corp. (CSE: CRC) (OTC Pink: CNRCF) (FSE: 6O1) ("Canter" or the "Company") is pleased to report additional brine assay ...

A well test via the Wisting Central II horizontal appraisal well in the Barents Sea has recorded a flow rate of more than 5,000 boe/d and has therefore proved the viability of shallow horizontal ...

Drilling in its broadest sense is any process that involves making a circular hole in a solid material or hard surface using a boring tool. With thousands of applications across industries, drilling ...

A Houston oil company continues to develop expertise in drilling shallow horizontal wells near Seguin and Luling. The Railroad Commission of Texas issued a drilling permit to Texas Petroleum ...

WASHINGTON (Reuters) - The U.S. Interior Department issued its first shallow-water drilling permit since offshore exploration companies were required to meet two sets of new safety regulations in ...