The decline rates of EOG Resources ’ Permian Basin wells in the first half of 2025 showed steep drops in productivity per foot compared with 2024 wells, TPH&Co. said in a Sept. 22 report.
The rig is designed to drill deeper and make longer laterals, all in super-high-pressure and super-high-temperature formations. Caturus Energy is also building an LNG plant on the southwestern ...
Drilling is a complex interaction of machinery and humans that has radically changed over more than a century in the oil field. Automation has been part of the long, continuous effort of process ...