Article: Technology Chases Production

Productivity flows from CNC machining

Partsmakers and machine tool builders alike are being challenged to provide the advanced technology and equipment required by the oil companies and their energy service suppliers to seek for, find, and successfully recover oil and gas resources needed to fuel the world's economies.

The oil companies have to drill farther afield and deeper in the earth and in deep water in their explorations. To the already ubiquitous land-based drilling rigs, more oil platforms are being added for drilling on and, increasingly, off the continental shelf, in waters from 1500 to 8000' (457-2438-m) deep before the ocean floor is even reached and penetrated.

Operating ...

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