Posts tagged environmental

Advanced technology makes it possible for the oil and gas industry to produce resources from beneath sensitive environments. The size of a drilling pad has been reduced by up to 80 percent. If Alaska’s Pruhhoe Bay oil field was opened today with current technology its footprint would be almost a third of its current size. Much less of the topography needs to be disturbed today compared to 30 years ago.

Fewer dry holes are being developed due to new seismic and remote sensing technologies resulting in less disturbance of the environment.

U.S. Petroleum production generates on average 7 to 8 barrels of More >