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Deepwater Drilling May Open New Oil Frontiers
Sep. 12, 2006
Oil companies are buzzing after Chevron, Devon Energy, and Norway-based Statoil ASA last week announced the successful discovery of oil at a staggering depth beneath the surface of the Gulf of Mexico (map of region).
Jack 2, as the new test well is called, extends downward for more than five miles (eight kilometers).
The well delves through 7,000 feet (2,134 meters) of seawater and more than 20,000 feet (6,100 meters) of seafloor to strike oil in the lower tertiary formation—a layer of rock laid down between 65 million and 24 million years ago.
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Website: http://news.nationalgeographic.com/news/2006/09/060911-gulf-oil.html
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