It’s hard for BP to compete in U.S. shale because it’s a market unlike any other that Big Oil knows well. It’s trying to make gains on private equity and smaller independent producers that can move at rapid speeds, BP Americas CEO John Minge said Monday.
Schlumberger’s Seismic Guided Drilling, or SGD, system, can accurately predict the pressure up to about 1,500 feet ahead of the bit while drilling, enabling operators to make proactive, real-time decisions.
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