Since the last Reservoir Performance and Monitoring feature, in September 2015, unfavorable market conditions have significantly constrained the operating cash flow of energy companies worldwide. This has prompted a response to delay or cancel capital-intensive projects, improve efficiency, and reduce operating costs. The response to innovation of the industry to urvive through this downturn and thrive afterward could be perceived as slow. However, despite the current downturn, the industry has seen further advancements in innovation, including in reservoir-performance monitoring, analysis, and optimization.
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