The drilling moratorium enacted after the BP oil spill applies only to the deepwater Gulf of Mexico. Yet energy exploration in the Gulf’s shallow waters has come to a virtual standstill as drillers ...

Holloman Energy Corporation, through its interim CEO, Grant Petersen, is beginning a drilling program of shallow test wells (200m) on its Australian Petroleum Exploration Lease (PEL) 112, to confirm ...

Depth extended beyond original TD due to indications of hydrocarbons while drillingExtensive wireline logging plannedCALGARY, Alberta, Nov. 12, ...

State leaders celebrated when the number of active drilling rigs in federal waters off the Louisiana coast reached 41 in late April. It was the first time the count surpassed pre-moratorium levels ...

The Super Single drilling rig can drill vertical or slant wells at up to 45 degrees off vertical, in 1.5 degrees increments. Click here to enlarge image Although slant drilling is a technology that ...

WASHINGTON — Federal regulators on Thursday rescinded two new offshore drilling permits — less than 24 hours after authorizing them — as part of a temporary halt to oil and gas exploration in shallow ...

Though its natural gas production is in decline, McMoran Exploration (MMR) remains convinced that there are still good ultra-deep oil and gas prospects at shallow depths in the Gulf of Mexico. That ...

A well test via the Wisting Central II horizontal appraisal well in the Barents Sea has recorded a flow rate of more than 5,000 boe/d and has therefore proved the viability of shallow horizontal ...

Strong support from institutional and family investment office investors has resulted in $3.5 million in fresh funding for ...

Max Petroleum says that the shallow well drilling program in the Block E license area, western Kazakhstan, is expected to commence in July. The company expects to achieve initial production in August ...