Deep

ExxonMobil Production Co. has mobilized an upgraded drilling rig for the Point Thomson Project on the North Slope of Alaska that can be used in the deep reservoirs using extended-reach drilling technology, it said. The company also confirmed that despite setbacks in 2008, first production from the play is still on track to begin by year-end 2014.

ExxonMobil Production Co. has mobilized an upgraded drilling rig for the Point Thomson Project on the North Slope of Alaska that can be used in the deep reservoirs using extended-reach drilling technology, it said. The company also confirmed that despite setbacks in 2008, first production from the play is still on track to begin by year-end 2014.

Despite predictions that glutted markets and low prices will keep arctic natural gas in the deep freeze, a start has been made on regulatory review of the Canadian part of the Denali Project’s proposed Alaska pipeline.

Despite predictions that glutted markets and low prices will keep arctic natural gas in the deep freeze, a start has been made on regulatory review of the Canadian part of the Denali Project’s proposed Alaska pipeline.

Colombia’s Ecopetrol and Norway’s StatoilHydro ASA agreed to jointly drill three exploratory wells over the next two years in the deep waters of the U.S. Gulf of Mexico (GOM).

Sub-freezing low temperatures either continuing or returning Friday in sections of the Deep South proved insufficient to sustain higher prices in a modest majority of the cash market Thursday.

Calgary-based Compton Petroleum Corp., which focuses its exploration efforts on extracting shallow and deep natural gas from the Western Canadian Sedimentary Basin, is looking for a buyer — a sales process it expects to complete by this fall.

Calgary-based Compton Petroleum Corp., which focuses its exploration efforts on extracting shallow and deep natural gas from the Western Canadian Sedimentary Basin, is looking for a buyer — a sales process it expects to complete by this fall.

Weather during the coming winter months will be mild but active, with above-normal temperatures across the deep South, Mid Atlantic and New England regions, according to forecasters at WxRisk.com.