Last updated Jun 13, 2023 | Published May 21, 2014 | Onshore Oil & Gas, Petrochemicals & Refining, Pipelines & Terminals
An increase in aging oil production wells has propelled the demand for Enhanced Oil Recovery (EOR) technology, which can advance global oil recovery efforts and boost the growth of the exploration and production market. Enhanced oil recovery techniques revive aging...
Last updated Mar 7, 2023 | Published Mar 8, 2014 | Onshore Oil & Gas
A study conducted by energy industry research firm, Douglas-Westwood, reports that the oil and gas industry must drill 670,000 wells by 2020 to keep up with rising oil and gas demands. The report states that in 2013, over 79,000 development wells were drilled....