U.S. oil industry faces ‘very uncertain’ future

U.S. Oil Industry Faces ‘Very Uncertain’ Future

EisnerAmper

Crude oil prices have firmed up from its crash one month ago, but the industry’s reduction in capital expenditures and decline in future drilling will negatively impact its ability to replace current production in the future. The Federal Reserve Bank of Dallas issued a report this week stating: “We expect…

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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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