Wolfcamp capex is set to exceed $12 billion this year, or 80% of what will be spent in the Bakken, according to a recent report by Houston-based consulting firm Wood Mackenzie. Wolfcamp ranks third in tight oil spend compared to Bakken and Eagle Ford, but could overtake Bakken for the…
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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.