Oil industry leaders see tough times ahead

Oil Industry Leaders See Tough Times Ahead

RMI Supply

Most oil company leaders, who traditionally are very optimistic, have a pessimistic opinion about the future, according to a recent survey by the Dallas office of the Federal Reserve System. The survey “reveals a very somber and wary mindset by U.S. producers toward the upstream oil and gas (O&G) market.”…

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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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