World oil activity slides to new low

World Oil Activity Slides to New Low

RMI Supply

Worldwide oil production has declined an estimated 10 million barrels per day (b/d) – 2 million b/d in the U.S. – since January in response to the rapid decline in demand as the coronavirus pandemic infected millions across the globe. The industry is experiencing “unprecedented financial and operating conditions,” which…

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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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