Joe Dancy, Oil & Gas, Natural Resources, and Energy Center, University of Oklahoma College of Law, discusses Continental Resources Scoop, Stack and Bakken activity as well as the Texas plays.
Dancy also gives an overview of the recent Spears Report. According to the report, the initial production rates and production going forward will not be as impressive as many analyst expect. Dancy believes this will be good for prices and folks with good shale leases.
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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