The Size of the Prize: Innovation for Oil and Gas Exploration

S. Manning
Pioneer Natural Resources, US

Keywords: innovation, size of the prize, valuation, unconventional shale revolution, BHA, corrosion, non-traditional frac'ing

Summary:

Innovation sounds exciting, but deciding on what is the real problem; and what is the real value; and how do you solve it within the cultural constraints of your organization, is challenging, if not darn tricky. Harnessing innovative methods for “Size of the Prize”, People, Process; and the Technology, is key in enabling us to achieve the breakthroughs required for this Unconventional Shale Revolution.