Dr. Raymond Gerald Bailey, President of Petroteq Energy Inc. shared his insights with Oilman Magazine, on the oil recovery, alternative energy, and his company’s blockchain platform, PetroBloq. Petroteq is extracting oil from the Utah oil sands using its patented, waterless technology as an environmentally friendly company. Oil is Climbing Back!…
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Dr. R. Gerald Bailey, is President at Petroteq Energy Inc. and has served prior as the CEO from 2012. He has more than 50 years’ experience in all aspects of the oil and gas industry, both, upstream and downstream, onshore and offshore and has served on numerous energy company executive boards. Bailey is retired from Exxon, lastly as President, Arabian Gulf region.
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.
