Oil Resource Base Continues to Expand

Over the coming decades, energy sources will continue to evolve and diversify, driven by changes in technology, consumer needs, and public policies. On the other hand liquid supplies, referring primarily crude oil, are projected to remain the single biggest source of energy and vital to transportation.

2014.03.11 - Oil Resource Base Continues to Expand Figure 1

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Overview on Deep Water Drilling

Maersk Drilling Ultra Deepwater Semi-Submersible Rig

A Brief History of US Offshore Oil Drilling

The BP Deepwater Horizon explosion in April 2010 occurred after a dramatic, three-decade-long reconfiguration of how the United States and several other nations drill for oil. Technology, law, and geology pushed oil exploration farther from U.S. shores, as land-based exploration became less fruitful, and the global demand for energy ramped up. Oil production off American coasts began well over a century ago, but the move into deepwater and ultra-deepwater is a relatively recent phenomenon. This post presents a brief history of offshore oil drilling based on a relevant staff working paper by the National Commission on the BP Deepwater Horizon oil spill.

2013.09.03 - A Brief History of Offshore Oil Drilling Figure 1

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The Risk and Regulation of Deepwater Offshore Drilling