OGDCL Makes Oil and Gas Discoveries
OGDCL describes itself as the leading national exploration and production company in Pakistan.
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OGDCL describes itself as the leading national exploration and production company in Pakistan.
Investegate announcements from Oil and Gas Devt Co, Material Information
Guyana and Suriname are undergoing massive development thanks to a string of incredible offshore discoveries made by ExxonMobil
The South American country of Guyana is undergoing rapid development as a result of a string of offshore oil discoveries by ExxonMobil, NYSE:XOM)....
That's holding that formation pressure back. that allows the reservoir fluids, either oil, glass, or water, or a combination of all, to come to the surface. when that happens, usually on top of the drill stem, you have what's known as blowout preventives. and those blowout preventives are supposed to be activated to contain the reservoir liquids, the hydrocarbons, it appears in this case they did not function. >> is that common? have you ever heard of that not functioning to the point where it causes an explosion like this? >> i have heard of it occurring. i have heard of the blowout preventiv...