Future Looks Better, But Industry Moves Cautiously

Texas Mutual

While economic conditions in the domestic oil and gas industry have improved since February, many executives have decided to move cautiously into the last half of 2016. Crude oil prices increased from $27 in February to almost $50, and natural gas is up from $2 per thousand cubic feet (mcf)…

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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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