From March 14, 1910, to September 10, 1911, millions of gallons of oil gushed out of a pressurized well in Kern-County, California. Known as the “Lakeview Gusher,” over the course of 18 months approximately 9 million gallons of oil poured out of the Midway-Sunset Oil Field in what is still the largest oil spill in U.S. history.
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As oil and gas companies in 2017 face unique challenges in workforce development, education and training providers will be working diligently to continue shaping options for workers that tap into a vast range of technologies designed to accommodate the way people want to learn today. More Info »
The industrial internet of things is transforming the offshore oil and gas sector. One estimate claims that a typical offshore oil platform generates up to 2 terra bytes of data per day – that’s the equivalent of 1 million digital camera images. Cisco, in its report “A New Reality for Oil and Gas,” said that, if oil and gas companies properly leverage the data they produce, they can capture $600 billion of value at stake through 2025. For a $50 billion oil and gas firm, that translates to an 11 percent bottom-line improvement, the report said. More Info »
On March 14, 2017, Dominion Energy President Diane Leopold went before the U.S. Senate Committee on Energy and Resources to deliver a message on several energy projects, including the highly-politicized Atlantic Coast Pipeline, or ACP. Leopold’s statements highlighted the noticeably lengthy process that oil and gas companies must go through to get a project from conception to completion. Although the permitting process is just one part of the puzzle oil and gas companies must piece together to construct a new pipeline, Leopold’s comments made clear that it is consistently a complex one. More Info »