Oklahoma is Still a Sweet Spot for New Wells

Many large oil and gas companies have found the prospect of drilling new wells and operating in new areas to be unattractive. The reasoning is sound enough — if certain plays are not profitable with an oil price within the $40-$50 range, then why pursue those options? This explains the…

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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.

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