The report concludes that not only would at least a doubling of current world oil prices be required to develop a very large oil deposit
on a commercial basis, but there are several other factors, such as environmental concerns, that would tend to delay or deter serious consideration of Antarctic oil.
So as not to let that vast pool of oil go to waste, the government must bid out the service contract to develop the oil deposit
to a qualified and legitimate oil production company.
The Jofeir Company and Belorusneft signed the contract for development of the Jofeir oil deposit
in Tehran in September 2007.
Summary: A new gas and oil deposit
was recently discovered at El Borma's "407C oil field.
At this stage, injecting CO2 that has been previously sequestered at depth into a crude oil deposit
is just an idea, one that also assumes that a significant CO2 stock has been built up.
is expanding production from the Schrader Bluff heavy oil deposit
that overlies the Milne Point field on the North Slope.
Once, a popular rags-to-riches scenario involved stumbling upon an unknown oil deposit
under the backyard--a discovery valuable enough to turn an ordinary citizen into an oil baron.
200 t of vegetable oil deposit
in the amount of 80 000 CZK; Part 2 .
Vedanta Resources proposed takeover of Cairn India, operator of the nation's largest onshore oil deposit
, was approved by the cabinet last week with conditions, more than 10 months after the deal was announced.
The British oil exploration and production company Lasmo has discovered a new offshore oil deposit
East of the Indonesian island of Kalimatan.
The oil deposit
and natural gas are there in endless supplies, and they are very close to the surface.