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Investing in oil and gas, growth of investment in oil and gas drilling projects, guaranteed oil investments, heating oil investments, high oil investments, high quality gas and oil investments, high quality gas and oil investments, hotest canadian oil companies for investment, hottest canadian oil companies for investment, independent oil and gas investments in texas , independetn oil and gas investments in texas, independetn oil and gas investments in texas, investment banking for the oil gas industry, investment companies that track oil, investment companies that track oil gold silver, investment hunter oil gas oil and gas exploration, investment hunter oil gas oil gas, investment in alberta oil fields, investment in oil, investment in oil and gas drilling in united states, investment in oil gas in nigeria, investment in the oil sands of canada, investment in us oil companies by nation, investment opportunities new oklahoma oil fields discovered, investment the new oil, investments and costs of drilling a oil and gas well, investments and costs of drilling a oil and gas well, investments in gas oil and electricity in fort worth, investments in gas oil and electricity in dallasIn addition to coating technology and hydrogen-resistant glass, Swenson credits OFS with other advances. “For example, they’ve made tremendous progress in minimizing the bend radius where attenuation effects start to occur. It is not an insignificant thing what they’ve done on some very basic fiber issues,” he adds.

Optimizing oil and gas production gets more complicated all the time – and the financial risks are tremendous. As a result, OFS and SensorTran continue to work together on enhancing fiber-based sensing technology that makes wells more efficient and productive. Says Swenson, “OFS has a long history in fiber optics and specializing in customer solutions that need specialty fiber and cable. They’re right at the forefront of very difficult fiber-based solutions.”

After we’ve established that there are large quantities of oil or gas (or both) at a drilling location, this site is known as a field. The next step is to plan and build a production facility, taking environmental, social and logistical factors into account.

Out at sea, we build oil or gas platforms which are strong and steady enough to cope with the amounts of oil and gas to be extracted, the depth of the water and the harshness of the climate or underwater environment.

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Over the decades-long lifespan of most production facilities, chances are new technologies will help us reach deeper and deeper into reservoirs, helping us to extract more of the resources within it.

To plan a production facility, geologists, geophysicists, engineers and others return to the HIVE (Highly Immersive Visual Environment). At their disposal they have all the data gathered during the exploration plus some powerful computer modelling techniques.

 

 

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