Oil Company Executives Skeptical About Quick Recovery

Oil Company Executives Skeptical About Quick Recovery

Even though some economic indicators in the oil and natural gas industry were flat this week, the chief executives of many companies are pessimistic about the last half of 2020. U.S. crude oil inventories declined 4.4 million barrels during the week of Sept. 23 to 496 million barrels, but inventories…

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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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