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Our industry’s demonstrated ability to innovate and continually improve well-construction technology will be all the more valuable to all plays if low oil prices persist, but especially so for shale and other high-cost-per-barrel plays. -
Many good well-construction-technology papers came out last year, as well as a couple on older technologies that either had not been published earlier or had been released and were underappreciated.
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In 2012, the number of unconventional tight gas/shale and high-pressure/high-temperature (HP/HT) papers continued to grow. This year, we had some very interesting developments in these and other areas of well construction.
