DOT: Deepwater focus turns to smaller fields

12/01/2003
The focus of deepwater oil and natural gas production technology (in 2,000-3,000 m of water) now is on less costly and less risky methods for bringing on stream smaller satellite fields, about 100-300 million boe. These smaller fields will become the "bread and butter" of the deepwater industry, as discussed Nov. 17-21 in presentations at the 15th Deep Offshore Technology conference and exhibition in Marseilles, France.The industry has drilled wells in more than 3,000 m of water, with the deepest exploration well drilled in 3,052 m of water in the Gulf of Mexico. The deepest producing field, on the other hand, is in only in 2,200 m of water, also in the gulf.New technologies neededCompani...
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