“Classic supply and demand imbalance.” “Perfect storm.” “Insane.” That’s how government and oil industry officials described the historic collapse of crude oil prices this week. On Friday of last week (April 17), oil closed at $18.27 per barrel for May delivery, but when markets opened on Monday the selloff began…
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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.
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Alex Millshttps://oilmanmagazine.com/author/alex-mills/
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Alex Millshttps://oilmanmagazine.com/author/alex-mills/
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Alex Millshttps://oilmanmagazine.com/author/alex-mills/
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Alex Millshttps://oilmanmagazine.com/author/alex-mills/
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Alex Millshttps://oilmanmagazine.com/author/alex-mills/
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Alex Millshttps://oilmanmagazine.com/author/alex-mills/
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Alex Millshttps://oilmanmagazine.com/author/alex-mills/
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Alex Millshttps://oilmanmagazine.com/author/alex-mills/
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.
