With low oil prices, operations managers seek the most accurate data available to them. This information allows them to make efficient financial forecasts and make reconciliations. For small to mid-sized companies, the low profit margins do not allow for mistakes. Even a small margin of error could negate profits. Doing…
Eissler, former editor-in- chief of Oil & Gas Engineering magazine, previously worked as an editor for Dubai-based The Oil & Gas Year Magazine.
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.
3 comments
Comments are closed.