- Tight Gas & Oil
- Gas Hydrates
Technology is helping boost production and lower costs for U.S. shale players, but analysts say rising volumes are pressuring oil prices.
The move to incorporate more digital technologies into projects comes as the oil and gas industry copes with lower commodity prices.
R&D spending by oil and gas companies fell 15% in 2015 and dropped again in 2016 as overall energy R&D investment also decreased.