DRILLING

ConocoPhillips to test new drilling tech

CONOCOPHILLIPS is working on a new pilot project with service providers to develop cost-effective multi-lateral fraccing technology with the aim of undertaking its first field tests later this year.

 CionocoPhillips drilling in the Eagle Ford.

CionocoPhillips drilling in the Eagle Ford.

The new technology is aimed at tight oil plays, and is designed to improve accuracy and control in the fraccing process in multi-lateral wells, all while reducing costs.   With a half-dozen of its...

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