Midland, TX is Now the Richest Metropolitan Area In the U.S.

West Texas Oil, Gas Activity Economic Impact Could Reach $20.5B by 2022

The economic impact of oil and gas activity in West Texas will rise to $20.5 billion by 2022, supporting 30,500 full-time jobs and pay $1.8 billion in wages and salaries, according to a December 2013 report by the University of Texas at San Antonio’s (UTSA) Institute for Economic Development. Oil…

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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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