To put that right it's going to take several years of very hard work by the oil industry to renew the production cushion. Activity is increasing but it is not yet at its maximum point.
More Quotes from Andrew Gould:
This will result in wells that will make a substantial improvement in the recovery factor just because they are absolutely in the proper place within the reservoir for the purposes of drainage.Andrew Gould
Obviously the shift to gas and the need for large amounts of gas in the United States is going to be a major focus of attention on the part of producers.
Andrew Gould
It tends to indicate these Earth-mass planets are quite common, 10 to 50 times more common than previously believed.
Andrew Gould
Will the industry outsource more? I think it depends on the client base.
Andrew Gould
For a long time, we've worked on detecting planets with whatever was at hand, making use of existing small telescopes or even amateur telescopes. It's time to move on to the next stage.
Andrew Gould
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