Why oil and gas drilling is going deeper and further offshore
By Lou Gagliardi, Guest blogger / July 2, 2013
Offshore oil and gas drilling is moving further offshore and deeper underwater as energy companies seek to find sources of production in low-risk areas, Gagliardi writes. The added incentive is that more remote basins may hold the promise of significant deposits of hydrocarbons with 200 million barrels or more of recoverable reserves.
