U.S. crude oil output is expected to average 10.7 million barrels of oil per day in 2018, exceeding the highest average production on record

Technology Revolutionizing the Oil Industry

By Institute for Energy Research —— Bio and Archives--July 31, 2018

Global Warming-Energy-Environment | Comments | Back To Full Article

First, hydraulic fracturing and horizontal drilling made the shale oil industry economically viable; now new technology and smarter design are about to make the offshore oil industry competitive with it.

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