Quantcast

Jim Letourneau's Blog

Investing, Technology, Travel, Geology, Music, Golf. I think that covers it.

Bottlenecks and Bucks

This quote is from Steve Holditch, a leading engineering expert on unconventional gas.

Currently, we do not have enough rigs, enough logging trucks, cement trucks, or fracturing trucks to develop unconventional reservoirs to any great extent in any part of the world. In addition to needing more wells and more equipment, we will also need more people. The industry will need more engineers and geoscientists in the coming decades to produce the oil and gas demanded by the world