Lafayette, La.-based PetroQuest Energy Inc. in June closed the sale of the majority of its interests in the Woodford and Mississippian Lime for $280 million, subject to estimated purchase price adjustments. According to the company, the assets produced approximately 46 million cubic feet equivalent per day and generated net operating…
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3 Ways Technology is Going to Shape the Oil and Gas Industry Free to Download Today
Oil and gas operations are commonly found in remote locations far from company headquarters. Now, it's possible to monitor pump operations, collate and analyze seismic data, and track employees around the world from almost anywhere. Whether employees are in the office or in the field, the internet and related applications enable a greater multidirectional flow of information – and control – than ever before.