Occidental Petroleum and Ecopetrol are teaming up to drill the world's deepest offshore oil well, Komodo-1, breaking records and pushing boundaries in deepwater technology
U.S. shale producer Occidental Petroleum Corp.
and Colombia's integrated energy company Ecopetrol S.A. are planning to drill an offshore oil well off Colombia's waters in seas roughly 3,900 meters close to 13,000 feet deep before the year is out, Bloomberg has reported. Dubbed Komodo-1, the ultra-deepwater well will qualify as the deepest offshore oil well in the world, beating Angola's block 48 well, which holds the current world-record water depth of 3,628 m 11,903 ft.
, the government-owned parent company of PetroChina, and Cnooc OTCPK CEOHF kicked off ultra-deepwater exploratory drilling for oil and gas as the country looks to wean itself off of foreign oil. will drill a test borehole of up to 11,000 meters 36,089 feet, the country's deepest ever, in a bid to to test underground drilling techniques and also gain a better understanding of the Earth's internal structure. The global energy sector is currently experiencing a deepwater drilling boom. According to Wood Mackenzie, deepwater oil and gas production is set to increase by 60% by 2030, to contribute 8% of overall upstream production.
Offshore Oil Exploration Komodo-1 Oil Well Marine-Seismic Technology Water Depth True Vertical Depth Al Shaheen Oil Field Qatar Kola Superdeep Well
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