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Exploration and Production (E&P) Technology in the
Upstream Oil and Gas Industry
The March into the Deep
years ago the water depth limit for the E&P industry was about 1000 ft.
Now companies produce several million barrels a day from greater
depths and regularly drill exploratory wells in 10,000’ of water.
n There is no other industry, with the possible exception of space
exploration, that is addressing the range and complexity of challenges
associated with deepwater exploratoin and development,
making it the most technologically sophisticated of industries.
revolution continues with the industry focused on:
as much activity as possible from surface facilities to the seafloor
ultradeep wells in layers previously unviewable by seismic
in Gulf of Mexico and Brazil