Oklahoma City-based Panhandle Oil and Gas Inc. in December 2016 reported a 4Q16 profit — a small gain in what President and CEO Michael Coffman called a “difficult year” for the company. Coffman said that product prices were “extremely low,” with an average per Mcfe sales price of $2.73 in…
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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.