Three Ways Technology is Going to Shape the Oil and Gas Industry

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Oil and gas operations are commonly found in remote locations far from company headquarters. The common denominator with the technologies below, however, is “connectivity.” Now, it’s possible to monitor pump operations, collate and analyze seismic data, and track employees around the world from almost anywhere.

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The oil and gas industry has a long history of volatility, and it’s often hard to identify a momentary fluctuation versus a long-term trend. The industry took years to recover from the price crash of 2014, which forced companies to drastically cut overhead to survive.

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