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 […]
Colorado’s Bold Decision to Ban Oil Drilling Ignites National Debate
Colorado’s Bold Move to Ban Oil Drilling Sparks Nationwide Debate Earlier this year, Democratic lawmakers in Colorado proposed two pieces of legislation aimed at introducing a statewide ban on oil and gas wells, which would be the first of its kind in the U.S. One of the bills aimed to introduce a ban on new […]