Hi-tech and Big Data offer hope to battered U.S. oil industry

WILLISTON, N.D. (Reuters) – The tech geeks are coming to the oil industry’s rescue.

With the price of crude plumbing lows not seen since 2009, Royal Dutch Shell, Whiting Petroleum Corp and many others are turning to rocket fuel, Big Data, lasers, spectrometers and other new or revamped technologies to do more for less.

By Ernest Scheyder

http://ca.reuters.com/article/technologyNews/idCAKBN0MN1VG20150327

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