Foothills Exploration, Magna Team Up on Labokay Prospect

Foothills Exploration Inc. in December entered into a participation agreement with Magna Operating LLC for the Labokay prospect, which covers 240 acres in Calcasieu Parish, Louisiana. The company said that Labokay is an amplitude versus offset oil (AVO) play in southwestern Louisiana targeting the Frio Nododaria Blanpiedi Sand. The agreement…

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3 Ways Technology is Going to Shape the Oil and Gas Industry Free to Download Today

Oil and gas operations are commonly found in remote locations far from company headquarters. Now, it's possible to monitor pump operations, collate and analyze seismic data, and track employees around the world from almost anywhere. Whether employees are in the office or in the field, the internet and related applications enable a greater multidirectional flow of information – and control – than ever before.

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