FPL 8.33% 0.7¢ fremont petroleum corporation limited

And? Technology is as much a part of E&P these days as shooting...

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  1. 6,312 Posts.
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    And?

    Technology is as much a part of E&P these days as shooting 3D. A little closer to home

    http://northamericanshalemagazine.c...etails-role-of-data-used-for-shale-production

    "Our multi-decade database and learning curves gives us a huge advantage in identifying the best rock to add new and better drilling potential to the company," said EOG Chairman and CEO Bill Thomas.
    (from article behind paywall)

    http://markets.*.com/news/stocks/r-big-oil-turns-to-big-data-to-save-big-money-on-drilling-2017-6-1002118394

    And on an on it goes ... Big Oil = Big Data

    The question is as before ... since FPL has been using this "technology" for the drilling program thus far (i.e. including Magellan, Columbus and Marco Polo) how come the only 1 was oil and 2 were gas? Geosteering is also very important. Got to keep the drillbit in the pay zone and since this is conventional you've got to hit the right traps so to speak.

    Good luck.
 
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