of 12,289 meters for a petroleum well depth that was drilled in the Al Shaheen Oil Field in 2008 or Russia’s Kola Superdeep well that reached a depth of 12,262 meters .
But China is not the only country willing to drill to ridiculous depths in the pursuit of energy security., to contribute 8% of overall upstream production, according to a new report from Wood Mackenzie, as cited by Rig Zone. Preliminary estimates indicate a gross recoverable volume of 40 million-90 million barrels of oil equivalent , much higher than the company’s earlier projection of between 18 million and 45 million boe. The discovery will significantly enhance the company’s resource base for the Yggdrasil development, which previously was estimated at 650M gross boe.The oil discovery is located within production licenses 873 and 442: In license 873, with as partners.