Drive for Innovative Technologies Leads Industry to Unconventional Sources

Topics: Data and information management
Source: Getty Images.
Technology developed to help paralyzed patients regain movement could help operating companies manage large amounts of data. Battelle’s NeuroLife Neural Bypass Technology creates an electronic neural bypass that circumvents disconnected pathways in the nervous system.

Innovation is a hallmark of oil and gas operations. As companies look to survive in the new economy created by the oil price downturn, the need to find new, cost-efficient technology for manufacturing, data processing, or even overall project management, is greater than ever, so much so that the industry is examining other industries for products and processes that may have crossover appeal. 

That examination was the topic of a panel discussion at the Unconventional Resources Technology Conference in July, where a panel of scientists from firms and laboratories spoke about emerging technologies and new uses for old technologies outside the sphere of traditional petroleum that could have a disruptive impact on the industry.

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Drive for Innovative Technologies Leads Industry to Unconventional Sources

Stephen Whitfield, Senior Staff Writer

01 October 2017

Volume: 69 | Issue: 10