Fiber connector and other fiber device will continue to grew in the oil industry here is one example of sucsess in computer use.

This new, giant oil field – discovered by junior oil explorer Lundin Petroleum and Norway's state oil company Statoil – is under the North Sea. The field was found in the "Utsira High" region, which has been explored since 1966. Over the last 45 years, companies discovered five oil fields here. The first was found in 1967. Before the most recent discovery, the last field was found in 1994.

In short, the region was considered "fully mature." That's industry-speak for "dead."

This kind of area isn't supposed to yield giant new fields… But it did. This is exactly what will continue to happen all over the world… thanks to a technological revolution.

With the dramatic increase in computing power, we can now "see" rock layers deep under the sea more clearly. We can actually view the rocks in three dimensions, which means we'll find things we missed in the last 50 years of exploration.

Geologists can now pinpoint oil fields they couldn't even imagine before. Equally important, we can hit those fields with the drill bit now.

In the past, drilling was an inexact science. Today, giant oil services company Halliburton claims it can hit a spot the size of a coffee can three miles away. That "marksmanship" with a drill bit could mean the difference between a major discovery and a dry hole.

We now have the ability to see more targets and hit what we see. That led to this latest discovery in the North Sea… And it's going to send oil companies back to "dead" regions all over the world.