Energy investors have become concerned about the effect of rapidly growing Permian Basin crude oil and natural gas liquid production and how the ballooning volumes will be transported to market. The Permian Basin is supplying roughly one-half of the increased volumes needed to meet rising global demand, so the volumes…
Joseph R. Dancy is Executive Director of the University of Oklahoma College of Law’s Oil & Gas, Natural Resource, and Energy Center. He regularly speaks to professional groups on pressing energy issues and teaches Energy Law and Finance.
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.