Deepwater oil drilling rig

Featured Newbuilds | Transocean Fleet

Fleet evolution in action The world''s biggest and most diverse fleet just keeps getting better. While we achieve optimum productivity out of all our rigs, including seventh-generation models, our

Deepwater Drilling

Deepwater drilling is the process of creating holes in the Earth''s crust using a drilling rig under deep water. The purpose is to explore for and produce oil and natural gas

Petroleum production

Floating rigs are most often used for exploratory drilling and drilling in waters deeper than 3,000 feet (914 metres), while bottom-resting platforms are usually associated with the drilling of

Understanding Drillships: Types, Key Features, Advancements

Drillships are maritime vessels designed specifically for drilling deepwater oil and gas wells. More about drillship types, key features and advancements.

Offshore Drilling Explained: Technology, Safety, And The Future

While offshore drilling has provided enormous economic benefits and contributed to global development, it also poses significant environmental and safety challenges. Incidents such as

Exploring The Depths: Understanding How Deep Water Drilling

What is the purpose of deep water drilling and how does it work? Deepwater drilling refers to the process of drilling for oil or gas deposits in water depths greater than 1,000

How Much Does a Drilling Rig Cost in 2025? (New,

2025 drilling rig cost trends, comparing new vs. used options and exploring buy, rent, or hire choices. Learn about cost factors and make...

Navigating deepwater drilling regulations for the oil

A deepwater oil rig in the GOM, which is currently a tumultuous regulatory environment. Credit: nektofadeev via Shutterstock. Deepwater

Deepwater Horizon explosion

Deepwater Horizon was a floating semi-submersible drilling unit —a fifth-generation, ultra-deepwater, dynamically positioned, column-stabilized drilling rig owned by Transocean and

Deepwater oil rigs may fetch $600,000 a day as

Global deepwater spending by oil producers is forecast to grow to an average of $79 billion in 2026 and 2027, according to Noble, citing

Top 12 Offshore Drilling Companies Powering the Future of Energy

FAQ: Offshore Drilling Companies 1. What is the difference between jack-up rigs and drillships? Jack-up rigs are fixed platforms suitable for shallow waters (up to ~400 ft),

8 Types of Drilling Rigs: But Which One is Right for You?

Explore the different types of drilling rigs from the oil and gas industry and understand how each one is built for specific depths, locations,

Deepwater Drilling''s Delayed Rebound and the Future

The anticipated upcycle in deepwater drilling has been deferred to 2026 or later due to factors like FPSO lead times, regulatory approvals, and

How Much Does a Drilling Rig Cost in 2025? (New, Used, Rent)

2025 drilling rig cost trends, comparing new vs. used options and exploring buy, rent, or hire choices. Learn about cost factors and make...

A Look inside the Deepwater Atlas

The Deepwater Atlas commenced operations in late October on a four-well drilling program, which is expected to last approximately 255 days. Upon completion

9 Types of Oil Rigs & Their Functions Explained!

Floating oil rigs are the most mobile type of rig. They are used to drilling in offshore areas that are too deep for traditional rigs to work in. There are two main types of floating oil rigs: drillships and semi

Top Offshore Drilling Companies in 2025 | Leading Firms

Top Offshore Drilling Companies dominate 2025 with innovation and expertise. Discover the leading firms in the offshore drilling industry.

Offshore Drilling Explained: Technology, Safety, And The Future

It involves the use of specialized platforms or rigs—either fixed to the ocean floor or floating on the water surface—to drill through layers of rock beneath the water to access hydrocarbon

Weekly Global Offshore Rig Counts

6 days ago· Weekly offshore rig count totals for jackup and floating drilling rigs across the key global regions, with data provided by RigLogix.

Deepwater oil drilling: discovering pros and cons of a

Major pros and cons of deepwater oil drilling Pro: Offshore drilling allowed to increase oil production With the further development of the offshore

Deepwater drilling | Society of Petroleum Engineers (SPE)

Drilling operations in water depths of between 5,000 and 10,000 ft take place all over the world, and their success underscores the adaptability of oilfield technology and the

Deepwater Horizon (2016)

Deepwater Horizon: Directed by Peter Berg. With Mark Wahlberg, Kurt Russell, Douglas M. Griffin, James DuMont. A dramatization of the disaster in April 2010, when the

Power Your Operations With Reliable Mining Equipment?

We are a leading manufacturer of drilling rigs and air compressors for mining and construction industries.