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jump from four years ago, when the deepwaterdrillingindustry was still in the early days of the US drilling moratorium imposed after the Macondo well spill in the Gulf of Mexico(GoM

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The overall US offshore drilling rig count also remains unchanged, holding steady at 22. Eni shallow-water Amoca-3 well in the Campeche Bay offshore Mexico has proven m

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to allow steam into the well. Although depths will vary, these wells are typically drilled 5000 - 12000 feet or more. Running a drilling rig will typically cost over $100,000 a day, with a

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of water. [37] The well was the deepest oil well in the world, [36] [37] [38] [39] and more than 5,000 feet (1,500 m) further below the seabed than the rig's official drilling specificatio

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The US Gulf of Mexico rig count increased by two over the past week to reach 20, accor The overall US offshore drilling rig count was up by two to 21, with the addition of a drillin

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Drilling activities in the US Gulf of Mexico continue to suffer from the market downturn, plunging the rig count to historic lows. On the week ending May 19, the US GoM rig count sto

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The platform commenced drilling in February 2010 at a water depth of approximately 5,000 feet (1,500 m). [13] At the time of the explosion the rig was drilling an exploratory well.