For the past decade, oil and gas operators have been experiencing increasingly rapid and competitive regulatory and market changes. This is due to firms needing...
Proven oil reserves are those that have a reasonable certainty of being recoverable under existing economic and political conditions, with existing technology....
Exploratory wells which are drilled in areas where neither oil nor gas has been previously found are called “wildcats.” Those wells which strike oil or...
he oldest drilling technique is percussion or cable drilling. This slow, limited depth method, which is seldom used, involves crushing rock by raising and dropping...
Rotary percussion drilling is a combination method whereby a rotary drill uses a circulating hydraulic fluid to operate a hammer-like mechanism, thereby creating a series...