Technology and Innovation Key to Cost Reduction and Capital Efficiency as Companies Strive to Meet Future Energy Demand, IHS Says

Dateline City:
HOUSTON
Multimedia
IHS: Eagle Ford Shale Drilling Performance
Contacts
All Industries
IHS Media Relations, +1 303 305 8021
press@ihs.com
or
Chemicals; Energy; Natural Resources
Melissa Manning, +1 832 458 3840
melissa.manning@ihs.com

HOUSTON (Dec. 1, 2015) – As persistent low oil prices take their toll on both industry profits and spending projections, oil and gas operators are turning, in part, to technology and innovation to reduce costs and increase capital efficiency in the short-term, while aiming to meet increased future energy demand in a low carbon environment, according to new analysis from IHS (NYSE: IHS), the leading global source of critical information and insight.

Language:
English

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