You might picture oil deposits as giant underground lakes ... removing oil from them is kind of like squeezing the water out of a soaked sponge. When that rock is harder and more dense, like ...

A suite of new technologies is enabling independent oil and gas producer Venoco Inc. to find and tap into previously overlooked oil deposits in ... larger volumes of water than of oil.

And like the oil industry’s early days in the 19th century, it’s spawning a wave of drilling startups vying to be first to find big deposits ... rich pockets of water near tectonic rifts ...

April 10 (UPI) --The Department of Interior on Thursday released an analysis of fossil fuel deposits showing ... 7.04 billion barrels of oil equivalent" under the water. "This new data confirms ...

Oil money was also ideal for spending on one-time projects like roads or water systems ... Delaware Basin which has one of the largest oil deposits in the world. Oil is not going anywhere, ...

Mexican state-controlled oil company Pemex plans to carry out infill drilling at the shallow-water Tlalkivak field in the country’s Sureste basin, as it searches for new oil deposits in the area.

This was announced by Rosneft. The company's geologists have discovered the Gubeevskoye field in Bashkortostan, as well as 21 new oil deposits in fields in different regions of their operations. ANC ...

long tubes that soak up the oil in the water. The park's waterways were also closed to visitors. According to a city investigator, the oil source was an upstream storm drain in a nearby neighborhood.

leading to an uncontrolled release of water, crude oil and gases. “Basically what happened was a failure of the designed well barriers – and a loss of control over the pressure within the well ...

On Tuesday, the Coast Guard said 116,429 gallons of oily water have been recovered so far. Now, the Coast Guard plans to attempt to burn away oil trapped within the marsh, that they are unable to ...