Shale 2.0 is Coming

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October 30, 2015 at 9:55 am  •  Posted in Oil and Gas  •  0 Comments

Improvement in data analytics is expected to push forward a second wave of technological innovation in shale oil production. “The approach … is to take petroleum engineers and pair them up with technical experts who can supply the analytic horsepower, and try to marry these two groups,” notes one expert. This marriage has led to innovations including walking rigs, advances in drill bits, and remote, real-time control of drilling and production equipment.

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