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Industry trends in production monitoring and surveillance continue to demonstrate significant input from the academic and research fields, practical applications, and new-technology introduction. Market conditions similar to those of the previous year are driving some of the same discussions.
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Despite the recent market conditions during the last year, our industry continued to demonstrate further advances in the monitoring and surveillance field and to attest to the added value provided.
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Technology is improving continuously to help us with production optimization through new approaches, including downhole multiphase-flow measurement, wireless data gathering, wireless power-transfer methods, and new fluids technology.