Swift Energy Company in December 2016 said it has sold its remaining 25% interest in the Burr Ferry and South Bearhead Creek Fields in central Louisiana. The company said that net proceeds of about $8 million from the sale will be used to reduce the amount of borrowings under the…
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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.