The key hurdle is that conventional drilling technology cannot reach these extreme depths. This is precisely the problem that ...

The deepest offshore oil well was over 35,000 feet by the Deepwater Horizon, and the Maersk Voyager operated in the deepest ...

Houde illustrated this with an artist’s rendition of a future rig next to truck shipping ... crystalline rock deep down that conventional drilling struggles with.” They’re not as efficient ...

Transocean Ltd. RIG recently declared that one of its subsidiaries, along with Perestroika A.S. and funds managed by Lime Rock Management ... on ultra-deepwater and harsh environment drilling ...

China's Honghua Group, a leading global land drilling rig manufacturer under the Dongfang Electric Corporation, delivered the domestically developed 12,000-meter intelligent deep drilling rig in ...