Description: Somewhere amid the maze of wells that Murphy Oil Corp. has scattered across Texas’s sprawling Eagle Ford shale formation, Brett Pennington is carrying out a little experiment.
Source: Bloomberg.com – video report
Date: Oct 01, 2015
Questions for Discussions:
- How has the management of oil companies reacted to collapsing oil and sand prices?
- How does this behavior reflect strategic thinking about productivity and the use of technologies?