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Geosteering is a technology used in oil and gas exploration and production to guide the drilling of wells. It involves the use of real-time data from downhole sensors to adjust the direction of the wellbore in order to maximize the chances of finding hydrocarbons. Geosteering is used to identify the best locations for drilling and to avoid drilling in areas that are not likely to yield oil or gas. It is also used to optimize the placement of wellbores in order to maximize production.
Geosteering is an important tool for oil and gas exploration and production companies, as it helps them to reduce costs and increase efficiency. It is also used to reduce the risk of drilling in areas that are not likely to yield oil or gas.
Some companies in the geosteering market include Schlumberger, Halliburton, Baker Hughes, Weatherford International, and National Oilwell Varco. Show Less Read more