IEA says ‘no new oil and natural gas fields are needed’

IEA Says ‘No New Oil and Natural Gas Fields are Needed’

The oil and natural gas industry in Texas and globally has for several years battled volatile prices, a coronavirus pandemic, declining demand, an oversupply of product, reductions of capital investments, and detrimental government policies in reaction to climate change. The industry has been on a roller-coaster ride since the 1970s,…

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Alex Mills is the former President of the Texas Alliance of Energy Producers. The Alliance is the largest state oil and gas associations in the nation with more than 3,000 members in 305 cities and 28 states.

 

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.

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