OTC: Shale, deepwater development present different challenges

05/12/2014
Rachael Seeley Special Projects The oil and gas industry continues to unlock greater resources both onshore and offshore—in shale formations and in deepwater. Growing production from these areas, particularly in the US, is the product of continuous innovation and the resources contained in both will play a critical role in meeting growing global energy demand. These were some of the themes to arise during a May 5 panel discussion at the Offshore Technology Conference in Houston. "The more we can cross-learn between the two segments, the faster we can improve," said Torstein Hole, one of the panel members and a senior vice-president at Statoil ASA. Hole said some technical aspec...
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