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Tag Archives: well economics

Two Oil Industry Executives, Colin Goodall and Dr. David Bamford, Join OAG Analytics’ Big Data Efforts

data analytics for oil and gas

OAG Analytics, a software company bringing big data and advanced analytics to the upstream oil and gas business, has named two senior oil industry executives to key positions. Mr. Colin Goodall, former chief financial officer of BP Europe, has joined the OAG’s Board of Directors. Dr. David Bamford, former chief geophysicist and head of exploration for BP, will chair OAG’s Board ...

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Easy to use well economics software provides relevant data in minutes

In a cyclical industry like oil and gas, people generally expect dramatic market fluctuations; however, when the price of oil drops by 50% like it did last year and remains low, companies inevitably struggle.  Modified drilling plans, lower rig counts, layoffs and focus on existing production are some of this year’s themes, and it is the rare oil company that ...

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New tool from Drillnomics allows oil and gas economic decision in minutes-not days

Compared to the high tech tools found in other industries, software promising to quickly and easily help oil and gas professionals perform economic evaluations has lagged. For years, the industry lacked a modern and simple evaluation tool that was easy to use, affordable and powerful…until now. Drillnomics introduces a broad spectrum of the industry—including mineral buyers, investors, engineers, geologists and ...

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Two events for one future: Texas energy leaders to share strategy at Eagle Ford conferences

Even the Eagle Ford—which is bursting at the seams with oil— isn’t immune to the effects of the current low-price environment. Now more than ever, companies operating in the region need access to the latest intelligence coming from the field. Next month, thousands of energy industry professionals will converge in San Antonio for two world-class industry conferences. Hart Energy— an ...

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