Page added on June 16, 2007
New technology developed through a cost-shared project managed by the Office of Fossil Energy’s National Energy Technology Laboratory is improving industry’s ability to identify commercially viable deep oil and gas targets prior to drilling. Applications of this groundbreaking technology will help to accelerate future development of deep oil and gas resources in the United States.
As the oil and gas industry turns its attention toward deeper targets, particularly in the Gulf of Mexico, the tremendous costs involved require advanced technologies for pre-drill evaluation of a deep prospect’s location, size, and hydrocarbon charge.
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