Spanning Canada and the United States, North America is home to a plethora of major industry players, including Exxon Mobil Corp, the world's second-largest publicly traded company after Royal Dutch Shell. The region's oil and natural gas industry is focused on developing oil sands, deepwater gulf prospects and increasingly profitable shale deposits stretching across the continent. One of the premier sweet spots for deepwater exploration, the Gulf of Mexico is the largest body of water indenting the U.S. continental coastline, and its subsea developments continue to spark both national and international interest.
Stimulation involves the increase in production from an oil and gas well, through improving the flow of hydrocarbons from the drainage well into the well bore. Often wells exhibit low permeability, and the stimulation restores the natural permeability of the reservoir rock.