Tuesday, May 8, 2007

DeepGulf's J-Flex will Lay 36" Pipeline in 12,000 Foot Depth

PENSACOLA, FL., May 8, 2007 – Deep Gulf reveals its 3,000 ton capacity J-Flex system can lay 36 inch diameter pipelines in 12,000 feet of water. This is a substantial improvement over current industry capabilities which are limited to about 16 inch pipelines at 8,000 feet. At that depth a pipe requires a very thick sidewall that greatly reduces inside diameter. This reduced size severely limits oil flow and makes many of the larger finds in ultra-deep Gulf of Mexico uneconomical to develop. Other J-Flex innovations are expected to spur efficiencies in the construction of offshore oil and gas pipelines.

" Deep Gulf's ability to lay very large pipelines in ultra-deep water can reignite interest in the untapped ultra-deep leased blocks in the deepest part of the Gulf " says Rus Howard, Chairman, DeepGulf.

ABOUT DEEPGULF
DeepGulf, Inc. is in the business of building underwater pipelines and associated facilities in deep and ultra-deep offshore oil and gas production fields, primarily in the Gulf of Mexico. DeepGulf’s proprietary J-Flex 3600 marine pipelay system, with its 3,000 ton tensioning capacity, is capable of laying 36 inch pipelines in the deepest waters of the Gulf of Mexico. Find more about DeepGulf, Inc. at www.deep-gulf.com .

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