Abstract
In the face of precipitous declines in oil and gas prices, high technology exploration and exploitation methods offer a profitable alternative to dismantling operating organizations to the detriment of the industry and the nation. The locker room strategy of fighting harder and doing more with less is most ineffective when we continue to do the same old thing. More promising directions requiring imagination and initiative and clearly tied to economic returns must be pursued and undertaken immediately. Clear distinctions are needed between boardroom philosophy and the locker room outlook.
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