Any offshore oil rig that extends past 1500 meters is considered to be an ultra-deepwater production facility. However, that's still nowhere close to the deepest man has explored in the ocean.

The deepest offshore oil well was over 35,000 feet by the Deepwater Horizon, and the Maersk Voyager operated in the deepest waters at 12,000 feet.

Shell Offshore Inc., a subsidiary of Shell plc, has commenced production at the Dover field in the Gulf of Mexico, ... 2 days Indonesia Wants Drilling Partners to Revive Oil Output from Old Wells.

The Far South discovery aligns with BP’s ambition to scale production in the U.S. Gulf of Mexico to more than 400,000 barrels of oil equivalent per day (boepd) by 2030.

As part of the Trump’s administration’s effort to expand fossil fuel production in the United States, the Department of the Interior announced last week that it would accelerate the permitting ...

The Interior Department is helping to increase oil production in the newly renamed Gulf of America by 100,000 barrels per day under a policy shift pursuant to President Trump's executive order ...

The U.S. Interior Department said on Thursday it has implemented new guidelines for allowable pressure differences in a certain type of oil drilling in part of the Gulf of Mexico, changes it ...

This isn’t the first time there have been calls for more offshore oil exploration in the Gulf of Maine. A coalition of governors — including former Maine Governor Paul LePage — revived the ...

Biden's actions, which protect more than 625 million acres of federal waters, could be difficult for Trump to unwind, since they would likely require an act of Congress to repeal.

Any offshore oil rig that extends past 1500 meters is considered to be an ultra-deepwater production facility. However, that's still nowhere close to the deepest man has explored in the ocean.

But choosing the correct rig type is about more than the depth it can drill; it's also about how mobility, environmental conditions, and cost affect offshore operations. The Deepest Drilling ...