Later, 3:17 pm: this is truly coincidental. See original post. Now, this, just noted now, at Yahoo! In-Play:
Acorn Energy's US Seismic Systems secures order for their Ultra High Sensitivity fiber optic sensing system from a 'supermajor' oil co; terms of the sale are confidential.
Now today, the Wall Street Transcript covers this issue in a long interview. I don't subscribe so I cannot provide any detail, but the lede is enough to suggest some rabbit trails to follow.
Fractioning Optimization Using Microseismic and Data Suites Causing Shifts in Oil Services Market Toward Large Integrated Services CompaniesThe lede:
The Wall Street Transcript has just published its Oil & Gas: Drilling Equipment and Services Report offering a timely review of the sector to serious investors and industry executives. This special feature contains expert industry commentary through in-depth interviews with public company CEOs and Equity Analysts.
Topics covered: Capital Expenditures and Consolidation Activity - Frontier Exploration and Development - Shale Drilling Capital Expenditures - Oil Price Expectations - Shale Drilling Dynamics - Shale, Offshore and Deepwater Drilling - Oil and Gas Price Divergence - Offshore Deepwater Oil Discoveries Companies include: Halliburton Company, Schlumberger Limited, Baker Hughes Inc., Weatherford International Ltd., National Oilwell Varco, Incorp, FMC Technologies, Inc., Cameron International Corporation, Oceaneering International, Inc, Noble Corp., Ensco International Inc., Rowan Companies Inc., and many more.Disclaimer: I am not posting this for investors. Having said that, this is not an investment site. Do not make any investment decisions based on what you read at this blog.
I am posting this because of recent stories regarding better microseismic technology which should improve production. If it is accurate that "frack failure" is due to poor understanding of subsurface geology almost 75% of the time, it only makes sense to try to do better.
The companies in bold above have major operations in Williston and the Bakken in general.