Large resources, big challenges

Smith, Leta K.
September 2007
Offshore;Sep2007, Vol. 67 Issue 9, p32
Trade Publication
This article reports on the new trends in exploration drillings. Drilling in water depths more than 3,280 feet is now typical, and companies have drilled in waters as deep as 9,843 feet. Although the arctic is hardly a new exploration region, it is enjoying a new period of activity, and with that come new challenges, both technical and commercial. Canada's Mackenzie Delta dominated before 1980, with fifty percent of the exploration wells drilled. Exploration drilling shifted to Russia and accounted for 59 percent of the 78 percent arctic exploration wells drilled.


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