Blow outs are typically associated with the perils of drilling, but these days there is a looming threat to existing production. Decades of downspacing in many U.S. basins have resulted in a large-scale problem for the industry where blow outs, water outs, and other adverse, sometimes catastrophic events can and…
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Barry Barksdale founded PDS in 1990 and continues to serve as President. From 1996 to 2008, Mr. Barksdale served as a consultant and expert on numerous royalty cases where the PDS Posted Price Database was the de facto standard database for such litigation. Prior to founding PDS, Mr. Barksdale had a variety of roles around crude gathering and gas gathering systems. He attended the University of Texas at Austin and continues to hold out hope for the return of their football program.
Oil and gas operations are commonly found in remote locations far from company headquarters. Now, it's possible to monitor pump operations, collate and analyze seismic data, and track employees around the world from almost anywhere. Whether employees are in the office or in the field, the internet and related applications enable a greater multidirectional flow of information – and control – than ever before.
