Houston-based EOG Resources has unveiled a new strategy intended to boost profitability by focusing only on wells that provide a desired level of return. By eliminating those production sites that are not very profitable with a depressed commodity price, the company is increasing productive efficiency, which will reap great benefits…
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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.