Post Tagged with: "efficiency"

Success of Shale will Depend on New Oilfield Technologies to Shore Up Economics

Success of Shale will Depend on New Oilfield Technologies to Shore Up Economics

Aug. 17: see oilfield tech that will play a critical role in the financial health of the shale industry

If Q2 oil and gas company filings are representative of what’s going on in the industry, a lot of shale developers …

BP Sees Its Unit Production Costs 40% Lower than 2013

BP Sees Its Unit Production Costs 40% Lower than 2013

International oil giant BP (ticker: BP) reported that its Q2 2017 production—at 2.431 MMBOEPD was 10% higher than Q2, 2016. The company earned $144 million during the second quarter, bringing its profit to $1.593 billion during the first half of …

Cold Bore Technology: Moving Oil and Gas from an Analog World to a Digital World

Cold Bore Technology: Moving Oil and Gas from an Analog World to a Digital World

Cold Bore Technology’s SmartPAD™ is not a notebook computer designed to locate hydrocarbons with a tap on the mousepad.  But it is equally valuable in the oilfield because the Calgary-based oilfield technology company helps operators locate and eliminate another very …