From production efficiency to cost reduction, business challenges in the upstream are still driven by low oil prices. Sector leaders recognize the chance to improve operational efficiency and increase production as a basis for future prosperity and they know that, in this tough energy economy, IT must drive business value…
Clara Fuge is vice president of product management at P2 Energy Solutions.
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.