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Technology has been a key ingredient to helping the oil and gas industry navigate life in oil and gas fields post-downturn.
Babst Calland cites regulatory and consolidation challenges that beset operators in the Marcellus and Utica.
High-performance computing is vital for oil and gas companies.
Standardization effectively addresses project feasibility.
The tender was held about six months after the country’s successful deepwater auction and comes amid a shaky market recovery.
Stratas Advisors expects that crude inventories will decrease between 2.5 and 3.5 million barrels as U.S. crude runs remain stable.
The top three service companies—Schlumberger, Halliburton and Baker Hughes—have all been working to gain better positioning within the market.