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• W2235808285 abstract "This is a brief look at the commitment of the oil industry to deep offshore exploitation. A tabulation inventory of drilling rigs was undertaken to illustrate what the usage level was at the time of the counts. Considering that no growth in the 600-plus foot group has occurred until now, the 38 new rigs reflect the conclusions that 600-plus foot water is now an economically justified depth. The latter part of the article is a synthesis of reports which help to define the degree of commitment and present capabilities to economic oil recovery beyond 656 ft. ESSO's Submersible Production System is just one of several methods which proves the feasibility of drilling for oil at these depths. As new shore basins are discovered, new deep- water production systems generated and oil demand continues, deep drilling in coastal areas will continue. The only foreseeable deterrents are the regulation in natural gas prices and the shortage of construction equipment. Continual capital and manpower investment points to the oil industry's interest in deep-well drilling." @default.
• W2235808285 created "2016-06-24" @default.
• W2235808285 creator A5038204405 @default.
• W2235808285 date "1973-12-01" @default.
• W2235808285 modified "2023-09-27" @default.
• W2235808285 title "Review of the present, and announced future, capabilities for commercial oil recovery beyond the 656-foot isobath" @default.
• W2235808285 hasPublicationYear "1973" @default.
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