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Winner of Canada's
2010 Business
Magazine of the
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Pipeline Grand Design

February 01, 2009 Category: Gas Tags: , , , , , , ,
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A common market for natural gas emerges across Alberta and B.C. More →

Chart of the Week

Alberta Oil Magazine chart of the week

Offshore drilling moves to the deep end

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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