Accurately predicting the price of oil and natural gas can be as difficult as predicting the weather in West Texas. In some cases, the weather can have a large impact on the price of both. Even though getting the forecast correct can be precarious, there are plenty of people out there…
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.
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.