Oil Industry Tests Low-cost Platform for Smaller Wells

GALWAY, IRELAND--August 14, 2018--Written by Martin Lynch, European News Editor for Industrial Info (Galway, Ireland)--A consortium of oil majors and academic groups have announced plans to test a new reusable production buoy concept that could help extend North Sea production by unlocking smaller oil and gas reservoirs.

Within this article: Details progress of new platform testing for marginal oil wells in U.K., partners and potential