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Offshore drilling

Mechanical process where a wellbore is drilled below the seabed

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Offshore Drilling (4) · Borr Drilling (2) · Noble Corp (2) · Oil and Gas (2) · Q4 Results (1) · Market Softness (1) · Stock Price (1) · Oil Prices (1) · Financial Performance (1) · Insider Sales (1) · Stock Transactions (1) · Executive Sales (1) · SEC Filings (1) · Energy Sector (1) · Ipsen Mikkel (1) · Share Sale (1) · Human Resources (1) · Stock Market (1) · Earnings Report (1) · Rig Acquisition (1)

📖 Key Information

Offshore drilling is a mechanical process where a wellbore is drilled below the seabed. It is typically carried out in order to explore for and subsequently extract petroleum that lies in rock formations beneath the seabed. Most commonly, the term is used to describe drilling activities on the continental shelf, though the term can also be applied to drilling in lakes, inshore waters and inland seas.