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Drilling in extreme environments is helping drive advances in the oil and gas industry and presents analogs that can be mined for insight.
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Measurement-while-drilling (MWD) tools were introduced to the oil and gas industry in 1978 by what was then known as Teleco Oilfield Services (bought by Baker Hughes in 1992).
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Since 2008, Pennsylvania has seen a dramatic shift away from conventional drilling. For that year, 4,511 conventional and 300 unconventional wells were drilled.
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Ever since its pioneer Renz No. 1 well, recompleted to target the Marcellus shale in October 2004, Range Resources has led trends in the play’s activity. If this holds true, the Marcellus is in for a surge in liquids-rich development.
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The Golden State’s Monterey formation has been garnering a great deal of attention as a possible emerging liquids-rich shale resource that not only rivals plays such as the Bakken and Eagle Ford but towers above them in potential.
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The thick, siliceous, highly tectonically fractured, organic-rich formation known as the Monterey is widely considered to be the primary source rock for hydrocarbons throughout California
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The development of unconventional resources, China’s increasing importance on the global energy map, and turning E&P challenges into opportunities were among the topics discussed at the IPTC
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Exciting hydrocarbon discoveries of mind-bending quantities are being made in the far reaches of our solar system and our own Milky Way galaxy.
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There is no doubt that the 86,000-sq-mile Permian Basin, encompassing 52 counties in west Texas and eastern New Mexico, is experiencing a renaissance in drilling activity.