The risks involved in the oil and natural gas business have been well chronicled in many books, including Ruth Sheldon Knowles’s The Greatest Gamblers and Daniel Yergin’s The Prize. But the risks, uncertainties, and volatility in today’s oil and gas industry seem to be larger than ever. Undoubtedly, the risks…
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.