Public Schools, Universities Benefit From Oil, Gas Production

Public Schools, Universities Benefit From Oil, Gas Production

RMI Supply

Crude oil and natural gas production in Texas has increased dramatically, bringing a flood of new dollars into the Permanent University Fund (PUF) and the Permanent School Fund (PSF). Both funds were established by the Texas Constitution in 1876, and encompass state owned lands in West Texas. Any revenue earned…

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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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