The Decline of the Roughneck: How AI and Automation are Transforming the Oilfield Industry
The roughneck is slowly disappearing from the oilfield as AI and automation take over Picture an oilfield. Chances are you see a greasy drilling rig surrounded by a group of equally greased-up and grizzled oilmen, moving heavy equipment in a dangerous and labor-intensive environment. Not these days. The coverall-adorned roughnecks of yesteryear today are now […]
EOG Resources Set to Acquire Encino-Linked Oil and Gas Wells in Ohio
EOG Resources to acquire Encino-related gas and oil wells in Ohio CARROLLTON − EOG Resources, a Houston-based energy company, has announced plans to acquire Encino Acquisition Partners and increase its Utica acreage to 1.1 million. Encino Acquisition Partners, a joint venture of the Canada Pension Plan Investment Board (CPP Investments) and Houston-based Encino Energy, owns […]