What Happens to Old Offshore Rigs?

What Happens to Old Offshore Rigs?

What Happens to Old Offshore Rigs?

Offshore oil drilling is one of the most popular drilling methods, but what happens to old offshore rigs when the oil wells become depleted. The oil rigs used in offshore drilling are enormous structures floating on the water surface like skyscrapers. When the oil...
How Do Oil Rigs Float?

How Do Oil Rigs Float?

You’ve probably noticed massive offshore rigs floating in the middle of the ocean, and wondered, “How do oil rigs float on water?” The rig is enormous, with cranes on all sides and hundreds of employees working on it. You might think that the rig is rising from the...
5 Types of Oil Drilling

5 Types of Oil Drilling

As an employee or a stakeholder in the oil and gas industry, you need to understand all the types of oil drilling methods. The method to extract oil or natural gas from the earth’s crust depends on various factors, such as soil type and the site’s geographic location....
Offshore Drilling: Pros and Cons

Offshore Drilling: Pros and Cons

If you are a stakeholder or work in the oil and gas industry, it’s essential to understand all the offshore drilling pros and cons. As the demand for oil and gas increases globally, countries neighboring seas and oceans are shifting their attention from onshore...
What is Offshore Drilling?

What is Offshore Drilling?

If you aspire to invest in the oil and gas industry, you might wonder, “What is offshore drilling?” As offshore drilling becomes increasingly popular, it’s essential to understand how it works and the risks involved during the operations. It’s a bit different from...
Onshore vs. Offshore Drilling

Onshore vs. Offshore Drilling

Discussions about offshore vs. onshore drilling are about the kind of equipment used in each of them. Oil and natural gas mining in the United States happens in either of the two methods. As profitable commodities in the region, oil and gas need to be exploited...