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- Volume 17, Issue 10, 1999
First Break - Volume 17, Issue 10, 1999
Volume 17, Issue 10, 1999
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Why I/O has faith in technology
First Break hears at first hand how seismic acquisition equipment manufacturer Input/ Output plotted a strategy to weather the low oil price environment and come out the other side.
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Oil industry faces strategic change in operations to survive new climate of uncertainty
More LessSince the end of the 'boom' days of the late 1970s, petroleum companies have wrestled with productivity and competitive position. But following the global oil price collapse of 1998, the stakes have never been higher. A whole new productivity race for survival has begun in which being 'informationalized' may be the key. Well-known thinker on oil industry issues, Robert Peebler, president and CEO of Landmark Graphics Corporation, explains in this edited version of a recent position paper. More and more, industry executives realize they may have to live with uncertain prices almost indefinitely. No one can predict the price of oil next week, next month or next year. Even if prices go up, no one can depend on them staying there. In today's environment, therefore, the key to survival is to focus on productivity at any oil price. In Only the Paranoid Survive, retired Intel CEO Andy Groves describes a business phenomenon that he calls 'a 10x force.' The idea is simple: at various times, most businesses encounter a force large enough to fundamentally alter the nature of the business from that point forward. Often it is an external force, such as new technology. The Internet is a good example. The current 'oil bubble' is another example of a 10x force. In 1998, the industry had approximately three million barrels per day of excess oil capacity worldwide. Some observers believe the bubble could pop by the end of 1999. Others predict it will last for two or three more years. The fact is: no one knows for sure. And that uncertainty represents a significant psychological shift from the past.
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Acoustic well stimulation: theory and application
Authors Yu. Gorbachev, R. Rafikov, V. Rok and A. PechkovGorbachev et al. investigate acoustic well stimulation as a cheaper, safer alternative to fracturing and acidizing for maintaining wellbore flow rate; they conclude that there is no realistic alternative to AWS for preventing near-wellbore damage.
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Volumes & issues
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Volume 42 (2024)
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Volume 41 (2023)
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Volume 40 (2022)
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Volume 39 (2021)
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Volume 38 (2020)
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Volume 37 (2019)
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Volume 36 (2018)
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Volume 35 (2017)
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Volume 34 (2016)
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Volume 33 (2015)
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Volume 32 (2014)
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Volume 31 (2013)
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Volume 30 (2012)
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Volume 29 (2011)
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Volume 28 (2010)
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Volume 27 (2009)
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Volume 26 (2008)
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Volume 25 (2007)
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Volume 24 (2006)
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Volume 23 (2005)
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Volume 22 (2004)
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Volume 21 (2003)
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Volume 20 (2002)
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Volume 19 (2001)
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Volume 18 (2000)
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Volume 17 (1999)
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Volume 16 (1998)
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Volume 15 (1997)
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Volume 14 (1996)
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Volume 13 (1995)
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Volume 12 (1994)
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Volume 11 (1993)
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Volume 10 (1992)
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Volume 9 (1991)
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Volume 8 (1990)
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Volume 7 (1989)
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Volume 6 (1988)
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Volume 5 (1987)
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Volume 4 (1986)
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Volume 3 (1985)
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Volume 2 (1984)
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Volume 1 (1983)