I read an article today about how the Texas/New Mexico Permian Basin shale region is driving extreme frack sand demand. This article references an IHS Markit study indicating the value of this market has grown from $1.3B to $4B USD over the past two years. This growth...
Is Your Company Ready to Start Exploring Deepwater Again?
Author: Peter Wang The global oil industry has certainly turned a corner since January 2016, and nothing says it like Brent Crude spot prices: January 2016 – Brent low $27.10May 2018 – Brent high $80.5A difference of 197% These higher prices are here to stay for a...
Improving Oil and Gas Exploration Performance
We often discuss aspects of the production side of the upstream oil & gas business, but less so with the exploration side. In December of last year, Emerson completed the acquisition of Paradigm. An array of software tools enables oil & gas producers to gain...
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The opinions expressed here are the personal opinions of the authors. Content published here is not read or approved by Emerson before it is posted and does not necessarily represent the views and opinions of Emerson.