While that has led some companies to step into what is termed the ultra-deep, it turns out the majority of discoveries and prospects for development are in more¿conventional´depths.
Many fields are in less than 6000 feet, says FloaTec director of business development Chris Barton. This is well within the range of the company´s Extended Tension-Leg Platform.
The 50:50 Keppel-J Ray McDermott joint venture is pushing the concept as a solution to reducing project cycle time.
The
