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Oil and Gas Technology has added at least
25 million barrels per day more oil which translates
into $620 billion per year. Despite this vast improvement
the returns from innovation have not accrued to the
technology innovator. There are many technology opportunities
available today as even the most advanced oil technologies
leave 50 – 75% of the oil or gas reservoir in
the ground. The rise in commodity prices provide a huge
incentive for innovators and small agile operators to
develop and implement new technologies. Octane believes
there is opportunity in this market adoption lag. Investments
in technology companies that have proven technology
but have not been adopted will yield superior returns. |
