Will drilling offshore in Florida help to drastically lower gas prices?

Saturday, August 28th, 2010

President George W. Bush urged Congress to overturn a 26-year ban on offshore oil drilling in the U.S. (West Florida – Gulf of Mexico) to petroleum exploration and explained that these moves would "take pressure off gas prices over time by expanding the amount of American-made oil and gasoline." John McCain made a similar appeal [...]

Can we establish presence of hydrocarbons in a petroleum prospect before drilling a well down to the prospect?

Thursday, December 24th, 2009

Existing petroleum exploration techniques of geochemical and geophysical surveys, analyses, correlations and interpretations lead an exploration geologist/geophysicist to identify and define a potential prospect of oil and/or gas. There is no sure way to confirm the presence of oil and/or gas in the prospect other than drilling a well. Drilling is an expensive undertaking and [...]