Industry scrambles to relieve oversupply in Permian Basin

Industry Scrambles to Relieve Oversupply in Permian Basin

RMI Supply

The Permian Basin of West Texas and Southeastern New Mexico is hot. It leads the state and nation in oil and natural gas production, according to the Texas Railroad Commission, which regulates the oil and gas industry in Texas, and the Energy Information at the U.S. Department of Energy. It…

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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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