Offshore drilling is a mechanical process where a wellbore is drilled below the seabed. It is typically carried out in order to explore for and subsequently extract petroleum which lies in rock formations beneath the seabed. Most commonly, the term is used to describe drilling activities on the continental shelf, though the term can also be applied to drilling in lakes, inshore waters and inland seas.
Offshore drilling presents environmental challenges, both from the produced hydrocarbons and the materials used during the drilling operation. Controversies include the ongoing US offshore drilling debate.
There are many different types of facilities from which offshore drilling operations take place. These include bottom founded drilling rigs (jackup barges and swamp barges), combined drilling and production facilities either bottom founded or floating platforms, and deepwater mobile offshore drilling units (MODU) including semi-submersibles and drillships. These are capable of operating in water depths up to 3,000 metres (9,800ft). In shallower waters the mobile units are anchored to the seabed, however in deeper water (more than 1,500 metres (4,900ft) the semisubmersibles or drillships are maintained at the required drilling location using dynamic positioning.
The report comprises of effective infographics as well as charts to better illustrate the data regarding the Offshore Drilling Platforms market and hence increase the efficiency of the workflow. Prime players profiled in the Offshore Drilling Platforms Market... The Offshore Drilling ...
The "Offshore Drilling Rigs Market - Growth, Trends, COVID-19 Impact, and Forecasts (2021 - 2026)" report has been added to ResearchAndMarkets.com's offering. The offshore drilling rigs market is expected to grow at a CAGR of more than 1% during the forecast period of 2021 - 2026.
The lingering impasse between indigenous offshore drilling company, ValiantEnergy Services WestAfricaLimited, and the National Union of Petroleum and Natural Gas Workers (NUPENG) has finally been settled ... Read Also. Oil rally sees banks, local firms review loan terms ... three years, the company has successfully drilled 16 offshore wells for some of ... .
According to a report in Argusmedia.com, an energy and commodities market blog, Total and its project partners will resume drilling at block 11B/12B offshore SouthAfrica in September after the Covid-19 pandemic delayed the exploration programme by several months.
AfricaEnergy has said it expects the Luiperd-1 well on Block 11B/12B offshore South Africa, in which the company holds an effective 4.9% interest, will be spudded this month ... "We are excited to begin the next phase of exploration drilling on Block 11B/12B offshore South Africa with spud of the Luiperd-1 well this month.