Offshore Oil Rigs Drilling Deeper Than Ever
From The Globe And Mail
Booming like never before, the offshore oil and gas industry is exploring ever deeper into the ocean and drilling further under the sea bed, bringing strikes like one this week off Brazil, which may be one of the biggest yet in the region.
“Ultra-deep” wells, drilled in water at least 1.5-kilometres deep into several more kilometres of rock to the reservoir below, have reached a landmark in 2012 to date, accounting for more than half of all the world’s new discoveries so far this year, data from IHS Offshore Rig Consulting shows.