HomeMagazine2019January 2019, Vol. 246, No. 1Today’s Oil Patch Success: 'It’s Technology, Stupid!'

January 2019, Vol. 246, No. 1

Features

Today’s Oil Patch Success: 'It’s Technology, Stupid!'

By Richard Nemec, Contributing Editor If you were a fly on the wall of any oil or natural gas company’s quarterly earnings conference calls, you’d get an earful these days about technology and innovation that are driving some extraordinary efficiency and cost-savings gains. Both exploration and production (E&P), and midstream have their success stories, and the senior executives for operations are not shy about touting seemingly continuing positive results from quarter to quarter, even coming out of a three-year global price depression for oil. (photo: GTI) In the midst of the conference call season in November, Marathon Oil Corp.

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