The proportion of deepwater drilling in the Gulf of Mexico first began to outpace drilling at shallower depths in the early 1980s, figures from the U.S. Department of the Interior Minerals Management Service show. The gap grew steadily until the late-1990s, when production from deepwater plays rose dramatically. The sudden increase in deepwater activity lends credence to the argument that oil is increasingly harder and more expensive to access.
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![]() Anatomy of Alberta’s worst oil-well blowoutAtlantic No. 3 woke up a sleeping giant for regulators and policymakers alike |
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PolicyAt 50, OPEC continues to reap big rewardsThe aging cartel marks its golden anniversary having netted $8 trillion in export revenue |
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EconomicsInside NYMEX and the frenzied world of futures tradingGambling and economics determines oil's value on the world's largest trading floor |
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ServicesWhy gas from the Mackenzie Delta still mattersKnowledge brokers Ziff Energy Group remain bullish on northern gas |
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TechnologyCuring oil sands blights with high technologyThe CANMET Energy Technology Centre in Devon leads a bitumen belt brain trust |
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PeopleOil patch history is writ small for a retired roughneckModels of oilfield hardware offer a close-up look at very big equipment |















