Oil prices show strength

Oil Prices Show Strength

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Crude oil prices took an unexpected leap last week on the announcement by Saudi Arabia that it was going to reduce oil production by an additional 1 million barrels per day (b/d) during February and March. Oil prices for West Texas Intermediate surpassed the $50 per barrel threshold for the…

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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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