Oil Price Stability Leads To Increased Activity

Oil Price Stability Leads To Increased Activity

RMI Supply

Crude oil prices stabilized in 2017 reversing a decrease in activity that began in November 2014. The Organization of Petroleum Exporting Countries, better known as OPEC, and some other oil-producing countries, such as Russia, agreed to cut oil exports by 1.8 million barrels per day (b/d).  The decline in exports…

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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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