Increased efficiency and the development of new technology

Increased Efficiency, New Technology Result in Record Production

EisnerAmper

Increased efficiency and the development of new technology by America’s oil industry resulted in record oil production last year, according to a study by the Energy Information Administration (EIA) “U.S. crude oil production has increased to record highs since 2010 and has risen even more quickly in recent months. These…

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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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