data sharing
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Oil companies generate an enormous amount of data but are reluctant to share it. But more sharing of information may be required in the future to keep up with a rapidly changing energy landscape.
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The Norwegian operator’s disclosure marks the first time all subsurface and production data from a field on the NCS will be available for public viewing.
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To reduce the risk of wells getting “frac hits,” Permian Basin operators around Midland created an information exchange to give them notice of nearby fracturing.
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