New Spy Technology To Spawn Oil Revolution Tyler Durden 02/28/2014 18:36 -0500 The future of oil exploration lies in new technology--from massive data-processing supercomputers to 4D seismic to early-phase airborne spy technology that can pinpoint prospective reservoirs. Oil and gas is getting bigger, deeper, faster and more efficient, with new technology chipping away at “peak oil” concerns. Hydraulic fracturing has caught mainstream attention, other high-tech developments in exploration and discovery have kept this ball rolling. Oil majors are second only to the US Defense Department in terms of the use of supercomputing systems, which find sweet spots for drilling based...
