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Re: synergistic post# 69194

Wednesday, 06/18/2008 9:03:51 PM

Wednesday, June 18, 2008 9:03:51 PM

Post# of 107353
Thx for the article, Syn
"The oil reserves that were easy to reach are all drying up," said Harris Lee, vice president in charge of Samsung's offshore drilling rig business. "The future is in exploring the deep seas and harsh environments."
This is also why heave compensation will be more important:
"A big challenge in deep-sea drilling is staying over the same spot on the sea floor even as the vessel is buffeted by strong winds, currents and waves on the surface far above. Because water depths can reach up to 10,000 feet, far too deep for traditional rigs that are moored to the seafloor, ships like the West Polaris rely on high-speed computers that use global-positioning satellites to control an array of six swiveling propellers on the hull's bottom."

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