Testing page for app
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One of the hottest topics in the oil and gas industry is how to take advantage of new and exciting technologies developed for other business sectors.
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While there is talk about automation killing jobs, the reverse appears more likely as rigs have evolved to drill more difficult wells. Drilling automation will require more and better training programs to take full advantage of the technology.
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SPE's 2015 round of winners has been announced for the Henry DeWitt Smith Fellowship, the SPE Foundation Gus Archie Scholarship, and the Imomoh Scholarship.
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Low oil prices translate to a rapid drop in production. They will also lead to a series of secondary effects such as debt defaults from deflation, loss of jobs, collapse of oil exporters, and loss of credit needed for exports. These will eventually lead to a rapid decline in oil production.
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The word “broadband” is used to sell a lot of what is new in offshore seismic. It can mean different things depending on who is speaking.
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Companies are using an increasing number of sound shots to gather more data in a shorter time frame.
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Developing the Mad Dog discovery appeared to be high-risk because of the difficulty in mapping the subsurface because of the thick layer of salt underlying the region.
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The oil price cannot be USD 20 for any long period because we cannot produce enough oil to feed the world at that price. But if the price of oil is based on supply and demand, how could it fall to USD 20 at any point in time?
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Nontechnical risks, primarily around HSE or social responsibility, increasingly pose risks to project timelines. To manage these risks, companies are seeking systems that can ensure quality performance in these operational areas.
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Many business and digital corporations claim that between 100 billion and 200 billion devices could be connected by 2020.