Hurricanes create more problems for petroleum industry

Hurricanes Create More Problems for Petroleum Industry

Crowley

Just when the petroleum industry thought things were really bad (oversupply of crude oil and natural gas, bad global economy, a worldwide pandemic, and record price decline), two hurricanes blow through the Gulf of Mexico causing major disruptions to offshore production and refining. An estimated 1 million barrels per day…

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Alex Mills is the former President of the Texas Alliance of Energy Producers. The Alliance is the largest state oil and gas associations in the nation with more than 3,000 members in 305 cities and 28 states.

 

3 Ways Technology is Going to Shape the Oil and Gas Industry Free to Download Today

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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