offset drilling

offset drilling

[′ȯf‚set ′dril·iŋ]
(petroleum engineering)
The drilling of a well on property under which oil is being drained away by a well on adjacent property to make up for the loss of oil from the first property.
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Shortly after in December the company was able to announce that South32 had committed to a second year of funding, providing $10 million for the 2018 program and budget for Bornite, which will include in-fill and offset drilling "to better define and expand the high grade copper resources." Van Nieuwenhuyse stated in December that one component of the 2018 program at Bornite will be a seismic program, to be completed this spring before the ground thaws.
Drilling is expected to commence during 2012 and the Company is actively seeking a farm-in partner to offset drilling costs.
It is a pity that continental geologists' ideas about the advantages of offset drilling over super deep drilling for studying crustal magmatic rocks was given no priority by the ODP Planning Committee.
"There has been a lot of offset drilling done in the region, so Cook Inlet coals are well known," Feige says of the estimated resource.
Offset drilling was first applied during Leg 147 (December 1992 to January 1993) at the fast-spreading East Pacific Rise, in Hess Deep, a rift opened in the crust by propagation of the Cocos-Nazca Ridge.
(NRI:TSE) announced additional outstanding fill assay results from eight drill holes completed in this first phase in-fill and offset drilling program on the Donlin Creek Deposit in Southwestern Alaska.
The strategy proposed, called offset drilling, borrows from that used by sedimentologists, using uplifted rock exposures as windows for drilling critical partial sections in the lower oceanic crust and mantle from which to reconstruct its overall composition and structure.