Project Info
- Category: Future, Tech
Project Details
New technologies in the oil and natural gas sectors have enabled the explosion of production growth and will be needed soon in many oil producing countries. A combination of hydraulic fracturing and horizontal drilling allows producers to access reserves of oil and gas from low-permeability geological formations that were previously too expensive to extract. Other significant new production technologies include tar sands and deep-water drilling.
More Project Details
New technologies in the oil and natural gas sectors have enabled the explosion of production growth and will be needed soon in many oil producing countries. A combination of hydraulic fracturing and horizontal drilling allows producers to access reserves of oil and gas from low-permeability geological formations that were previously too expensive to extract. Other significant new production technologies include tar sands and deep-water drilling.