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Pemex Embraces New Technology to Increase Output
SOURCE:[Commodity Dispatch] – In 2011, state-run Mexican oil giant Petróleos Mexicanos “Pemex” pumped an average of 2.5 million barrels of oil per day, down 25% from its 2004 total of 3.4 million...
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SFD® Survey System Passes PEMEX Test
SOURCE:[Resource News Report] – With the cost of a single exploration well anywhere from $5-200 million, it is no surprise that oil companies are incentivised to reduce drilling risk. A dry well can...
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Disruptive Oil Services Company, NXT Energy Bolsters Outlook After Strong...
SOURCE:[ Technology Investment News] – Posting a Q1, 2014 profit margin of 66% is an unexpected bonus for a disruptive technology company. But NXT Energy Solutions (SFD-TSX.V) did that implementing its...
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