August 9, 2017
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The Shale Revolution is a product of American Ingenuity and enabled U.S. oil companies to halt the declining trajectory of domestic oil and gas reserves. Between 2009 and 2015, U.S. crude oil production increased 83 percent, catapulting America to one of the top three crude oil-producing countries in the world. As completion and production technologies advance, field operations are pushing equipment to the limit - and sometimes past the point of failure. Concurrently, Safety and Environmental regulations are becoming more stringent - requiring service contractors, who actually perform the work in the field, to develop new tools and equipment to meet the…
