New drilling technology to put billions of barrels of oil in reach, analysts say

An oil production breakthrough that producers say can safely tap ultra-high pressure fields could put up to 5 billion barrels of previously inaccessible crude into production, analysts said.

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https://www.reuters.com/business/energy/new-drilling-technology-put-billions-barrels-oil-reach-analysts-say-2024-08-14/#:~:text=Fuel%20Oil-,New%20drilling%20technology%20to%20put%20billions%20of,oil%20in%20reach%2C%20analysts%20say&text=HOUSTON%2C%20Aug%2014%20(Reuters),crude%20into%20production%2C%20analysts%20said.