Interview: Dr. Loren Scott, President, Loren Scott & Associates, Baton Rouge, LA
Scott compares the Permian Basin to the Bakken oil field and explains why the Permian is now the hottest shale play in America. He also explains how companies are able to continue to drill in the Bakken by lowering their breakeven price.
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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