Since the unfortunate downturn of the oil market in 2014, Exploration and Production (E&P) spending in oil companies has taken a large hit because companies have been pushing for profitability by decreasing overall spending. These efforts to cut spending were also manifested in the loss of thousands of jobs for…
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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.