Severe Flooding Led to ‘significant downtime’ at Mid-Con Properties in 2Q15

Texas Mutual

Mid-Con Energy Partners in 2Q15 saw “some of the most severe flooding” the company has ever experienced in many of its production areas, which led to significant downtime for some of its properties, Mid-Con CEO Jeff Olmstead said during the company’s 2Q15 investor conference call on Aug. 4. The company’s…

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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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