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 drilling moratorium enacted after the BP oil spill applies only to the deepwater Gulf of Mexico. Yet energy exploration in the Gulf’s shallow waters has come to a virtual standstill as drillers ...

Federal regulators approved Wednesday the first new Gulf of Mexico oil well since President Barack Obama lifted a brief ban on drilling in shallow water, even while deepwater projects remain frozen ...

Key market opportunities in the Saudi Arabia drilling rigs market include the integration of advanced technologies like IoT and AI, driven by megaprojects such as NEOM, fostering increased demand for ...

Based on a presentation to the International Association of Drilling Contractors and Society of Petroleum Engineers drilling conference, Dallas, Feb. 26-28, 2002. A multidiscipline team, assembled by ...

Edge Petroleum Corp. says it has successfully completed its shallow well drilling program on the O'Connor Ranch in 2000. The first 13 wells of a 20 shallow well obligation have been drilled with a 100 ...

WASHINGTON — Federal regulators on Thursday rescinded two new offshore drilling permits — less than 24 hours after authorizing them — as part of a temporary halt to oil and gas exploration in shallow ...

If we could take a tiny glass elevator down the trajectory of a Marcellus Shale well, we would see slabs of coal, sandstone, shale and siltstone alternating and colliding with one another for ...

Max Petroleum says that the shallow well drilling program in the Block E license area, western Kazakhstan, is expected to commence in July. The company expects to achieve initial production in August ...