Production in Bakken formation expected to drop by 170 thousand boe per day in 2020

Production in Bakken Formation Expected to Drop by 170 Thousand boe Per Day in 2020

Crowley

Following the expected cuts in capital expenditure (capex) for shale operators in the Bakken due to demand shock from the coronavirus (COVID-19) and supply shock from the Russia-Saudi price war; Adrian Lara, Oil and Gas Analyst at GlobalData, a leading data and analytics company, offers his view: “Whenever available, companies…

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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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