Offshore drilling has come a long way since the wharf-based rigs of the late 1800s, giving oil companies an arsenal of options for tapping deep-sea deposits.

This video explains the difference between coal and crude oil formation, the role of the ancient Tethys Ocean, and how microbes and plankton contributed to massive oil deposits.

Similarly, seismic surveys are used by the oil industry to search for oil and gas deposits in the ocean waters off Alaska and elsewhere. The Center has actively opposed numerous such proposals and in ...

Natural gas and crude oil can be found in deposits under the sea bed, the result of ancient animals, ... The event released a staggering 134 million gallons of oil into the ocean.

With the price of oil reaching new highs in 2005 and 2006, investments in these more challenging oil deposits are rapidly accelarating. In fact, ...

The assessment includes a geologic grouping in southwestern Wyoming and parts of Colorado and Utah containing deposits of a shallow, prehistoric ocean which covered most of the Rocky Mountain ...

Brazil's state-run oil company Petrobras said on Tuesday it has discovered oil deposits in the ultra-deep waters of the Potiguar basin, in the Equatorial Margin. Skip to main content.