The problem of being too successful

TECHNOLOGY giveth and technology taketh away. Apologies to anyone who imagines Slugcatcher is getting religious in his first thoughts for 2013 but the power of innovation can sometimes be overlooked in the oil and gas industry – to the cost of those who misread the changes.

The problem - and it could be THE big problem for the year ahead - is accurately assessing how recent technology breakthroughs will shape the petroleum world.