Thank you very much, Mr. Chair.
Thank you to all our witnesses for being here.
I'd like to start at a bit higher level with the folks from the Canadian Association of Petroleum Services and the Canadian Association of Petroleum Producers. I'd like to understand where we are on the timeline on the innovation right now.
To the services folks, you talked about holographic imaging, you talked about directional drilling, you talked about wellbore integrity. There was an interesting statistic. In 70% of the 11,400 bores, there's going to be horizontal drilling, which I found quite interesting.
I'd like to start, generally, at a high level as the first question. You've given some examples, and I'd ask CAPP to do the same thing. Over the last five years, what have been some of the major technological innovations? Then take me five years out. I would like to go 10 years, but I don't think anybody could speculate on that right now. What would you see as the most promising technologies, in your view right now, for the next five years?