Ipaa/Hart Energy Offshore Conference: Highly Variable, Geologically Complex Targets Create High-Risk and High-Cost Deep Frontiers in the Gulf of Mexico
24th Nov 2005, 13:51 GMT
By Anonymous Not many domestic producers are capable of drilling offshore wildcat wells costing as much as $50 million in up to 10,000 feet of water to penetrate oil and gas reservoirs 15,000 feet or more below sea level in the Gulf of Mexico.
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