The 5th bi-annual South West Texas Oil and Gas Trade Show was held at the beginning of October. The oil and gas industry drives the economy in West Texas, which is why the event is held every other year. Oil and gas workers come to network, share ideas, share updates and inform the general public about the industry happenings. In 2015, there were 36 exhibitors at the event, which is a decrease from past years and is indicative of the decline in oil and gas overall. Many of the guests and exhibitors were loyal attendees from previous years.
Oil and gas companies are regularly faced with many industry-specific issues to overcome. Such issues, including exploration and drilling, are often complex and intricate processes with many unique challenges to overcome. Data analytics can play a massive part in streamlining some of the most fundamental operations that are involved in the oil and gas industry.