The end of the world is ... delayed

Mexico discovers 'huge' oil field, even if it is not in the easiest location to get to:

The oil is under 930 metres (0.6 miles) of water and a further 4,000 metres (2.5 miles) underground.

But still it shows that significant oil finds are still being made and as the price increases such hard to get to fields will become increasingly attractive meaning that people are going to be looking in these hard to reach places.