The recent industry downturn was painful for the oil patch, and especially subdued global offshore exploration. But the sector is emerging more efficient and with sophisticated technologies that will prepare it for the next few decades where more automation, more predictive analysis and more refined seismic imaging and better data collection will lower costs and yield more output per unit.
S&P Global Platts editors Starr Spencer and Ashok Dutta share what they learned at Houston's annual Offshore Technology Conference.
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