Dallas-based Pioneer Natural Resources (NYSE:PXD) has entered into a purchase and sale agreement to sell its Barnett Shale assets in North Texas to an undisclosed private company for $155 million. Net production from the Barnett Shale averaged approximately 10,300 barrels oil equivalent per day during the first six months of…
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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.