The last barrel

While reviewing the final assortment of features going into our April issue, I couldn’t help being impressed with the vast assortment of technical advances chronicled in this magazine. Yes, given this month’s OTC theme, many of these items are offshore-related, particularly for deepwater and subsea usage, but a few are also onshore-specific. What makes this ongoing R&D and commercial advancement all the more special is that it comes during a time of low commodity prices and instability for the global industry. The funding of these advances is money well-spent, as technology will be one of the prime forces that eventually move the industry out of this downturn.

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