Tracee Bently, Executive Director, Colorado Petroleum Council gives an overview of Proposition 112 in Colorado. The initiative would make all new oil and gas development in Colorado be at least 2,500 feet from homes, schools, businesses and more. Currently, it is at 500 feet.
Bentley goes over the economic impact, job loss and what industry is saying about the proposition.
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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