BP pushes technical limits to tap extreme fields [View all]

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http://www.mysanantonio.com/news/texas/article/BP-pushes-technical-limits-to-tap-extreme-fields-5036765.php

BP pushes technical limits to tap extreme fields
By JONATHAN FAHEY, AP Energy Writer : December 5, 2013 : Updated: December 5, 2013 8:02am

HOUSTON (AP) — BP's strategy after the Deepwater Horizon tragedy: Go deeper.

BP is leading an industry-wide push to develop technology that can retrieve oil from formations that are so deep under the sea floor, and under such high pressure and temperature, that conventional equipment would melt or be crushed by the conditions.

One BP field in the Gulf of Mexico, called Tiber, makes the Macondo field that the Deepwater Horizon rig was probing look like simple puddle of oil. It is thought to hold 20 times the amount of oil as Macondo. At 35,000 feet below the sea floor — 6.6 miles into the earth's crust — it is about twice as deep.

There's an extraordinary amount of oil in similar discoveries around the world, several of which are controlled by BP. But BP first must figure out how to get it. New equipment, including blowout preventers far stronger than the one that failed on the Deepwater Horizon, must be developed. Then BP must convince regulators it can tap this oil safely.