India seeks tech push to unlock more oil from ageing fields
In short
It points to horizontal drilling and improved recovery methods as ways to find extra reserves and keep mature assets producing longer.
What the reporting says
India needs a technology push to extract more oil from ageing fields, according to the source summary. It says horizontal drilling and improved recovery techniques could tap additional reserves and extend the life of mature assets as domestic crude oil and natural gas production declines.
Why it matters
It links the need to declining domestic crude oil and natural gas production and says these methods could extend the life of mature assets.