Sentences with phrase «improved drilling technology»

U.S. oil output has risen to more than 10 million barrels per day for the first time since 1970 thanks to improved drilling technology that dates back years.

While the industry can clear bottlenecks for services and continue to access capital, it may not be able to improve drilling technology enough to surmount the looming geological challenges it faces, according to Papa.

Not exact matches

Cold Bore Technology and Xact Downhole Telemetry — two companies based in Calgary — aim to improve the drilling process by increasing the speed of the data.

By: Henry Lazenby 28th September 2016 Multinational drilling equipment and services provider Boart Longyear has received an award of C$ 1.37 - million from the Ontario government to help improve safety at mineral exploration drilling sites and the efficiency of drilling systems technology.

New technologies such as horizontal drilling and enhanced recovery techniques are being piloted to further improve recoveries.

Much as improved drilling and refining techniques caused the cost of oil to plummet in the 19th century, new technologies could make renewable fuels cheap and ubiquitous.

Tim Harper and Paul Martins improved the drilling technique, called «hydraulic fracturing technology».

Gerald Nix, recently retired geothermal technologies manager at the NREL, believes that improving exploration and drilling technologies could make geothermal power cheaper than coal, however.

Park Systems, world - leader in atomic force microscopy (AFM) today announced a webinar to provide next generation technology to improve oil and gas production in both traditional drilling and hydraulic fracturing for oil & gas producers and equipment manufacturers as they continue to pursue the latest developments in production efficiencies.

I think we did the right thing by delaying drilling this long, giving the technology time to improve.

These were the early pioneering days, and since then we have improved all aspects of our operation end - to - end, with better technology, calibrations and replicate cores (dry drilled rather than thermally, which helps) over the period in question.

«The major international oil companies (IOCs) like ExxonMobil have not invested in future production as had been hoped; new technology has not dramatically improved recovery; and wells drilled over the last few years have nearly doubled but production has remained flat.