answersLogoWhite

0

While estimates vary, many sources suggest that there is more oil offshore than on land, particularly in deepwater regions. Offshore reserves are often more challenging and costly to extract, but advances in technology have made many of these resources more accessible. Overall, offshore oil production has become increasingly significant in meeting global energy demands. However, the exact quantities can fluctuate based on new discoveries and technological advancements.

User Avatar

AnswerBot

1mo ago

What else can I help you with?

Related Questions

What is the difference between onshore and offshore drilling?

onshore is oil well drilled on land. offshore is oil well drilled in sea/ocean.


Is there more oil from a land refinery or an ocean refinery?

Theres more oil from a land refinery than a ocean refinery


Is all crude oil drilled offshore?

No, not at all. Offshore only started when onshore became more difficult to find.


What is onshore oil?

Onshore oil is a nickname for oil that is obtained through oil drilling that is completely on land, as opposed to offshore oil, which is collected from drilling under the seafloor with floating oil rigs.


Where is it more difficult to obtain oil the ocean or dry land?

It is generally more difficult to obtain oil from the ocean compared to dry land due to the complex challenges associated with offshore drilling. Offshore oil extraction requires advanced technology and equipment to operate in harsh marine environments, along with higher costs for infrastructure and safety measures. Additionally, environmental regulations and potential impacts on marine ecosystems can complicate the process further. In contrast, onshore oil extraction typically involves more accessible locations and established infrastructure.


What is Offshore oil drilling?

Offshore versus onshore drilling is drilling for oil in the sea, usually an ocean, but can also be a lake.


What is the meaning of offshore job?

offshore oil companies in kakinada


When was China National Offshore Oil Corporation created?

China National Offshore Oil Corporation was created in 1982.


What is China National Offshore Oil Corporation's population?

China National Offshore Oil Corporation's population is 4,019.


How much of the worlds oil production currently come from offshore region?

Offshore oil accounts for approximately 23% of the total oil production.


How does offshore drilling differ from drilling on land?

Offshore drilling involves drilling for oil or gas beneath the seabed, typically in bodies of water like oceans or seas. It requires specialized equipment and platforms that can withstand harsh marine environments. On the other hand, drilling on land involves drilling for oil or gas beneath the Earth's surface on solid ground, with less environmental challenges compared to offshore drilling.


What has the author Kirsten Rohrmann written?

Kirsten Rohrmann has written: 'Offshore oil and gas exploration and production' -- subject(s): Insurance, Law and legislation, Offshore oil industry, Offshore oil well drilling, Oil and gas leases