Rigzone covered future predictions in the energy industry, in particular the future of energy provided by unconventional methods such as 3-D seismic imaging, horizontal drilling and hydraulic fracturing in shale formations. The article quoted the address given by Steve Farris, chairman and chief executive officer of Apache Corp, at Gardere's annual Energy of Energy event. According to the article, Mr. Farris told Energy of Energy attendees that while there was still a significant amount of unrecovered fossil fuel in shale formations, there were a number of challenges confronting the industry that must be overcome if production from unconventional methods is to remain a major contributor of oil and gas for the United States.
The complete article can be found here.