Company Culture and the Oil and Gas Industry
Company culture is a primary force that drives an organization to success. Peter Drucker, a management consultant, recently explained that company culture can be far more important than the strategies that a company has in place for achieving their goals. Constance...
How Fuel Gets from the Ground to the Gas Pump
Oil is a vital energy resource with applications that revolve around virtually every aspect of economic importance in our lives today. This crucial fossil fuel is available in plenty in oil deposits deep beneath the earth's surface and under the ocean. It takes a lot...
How to Modernize Oil and Gas Equipment
The oil and gas industry is currently experiencing a major production bottleneck. As demand for oil and other fossil fuels escalate, production companies must find ways of exploring crude oil from the most remote and adverse locations, including the deep sea....
Cybersecurity in the Oil and Gas Industry
The oil and gas industry has significantly awakened to spruce up production and meet the skyrocketing demand for fossil sources of energy. One of the evolutionary changes that have been rolled out within this industry so far is digital technology. The various...
The Oil Industry in Cushing, Oklahoma
Cushing, Oklahoma isn’t exactly a household name. In fact, it’s likely that most of you haven’t even heard of the small desert prairie town that’s located in Payne County, Oklahoma. And with a population of only 7,700 people, why should you know about this seemingly...
IoT and the Oil and Gas Industry
Technology in the oil and gas industry is largely facilitating the ease of oil drilling by enabling engineers to achieve operational efficiency. One of the crucial technological tools availed and largely exploited in this industry is the use of the internet of things....
How Natural Disasters Impact Fuel Prices
Natural disasters do more than destroy property: they cause an increase in the price of fuel. Most price increases occur during or after natural disasters for three primary reasons. Product Shipping One of the principled rules of economics revolves around the concept...
The Basics of Liquified Natural Gas
Natural gas is, as the name suggests, a gas. However, it's possible to cool natural gas so that it takes on a liquid form. To take on a liquid form, the gas must be cooled to -260 degrees Fahrenheit. Cooling the gas also makes it more compact. The volume of LNG is 600...
The Permian Basin’s Impact on the Oil Industry
The Permian Basin is one of the most important geologic basins in the country. Located in West Texas and New Mexico, the basin is rapidly transforming more than just Texas. The oil here impacts the oil and gas industry around the world. About the Permian Basin The...
The Oil Extraction Process
Extracting oil from underground deposits is a much more complicated process than drilling a well. The underground environment is a difficult place to work. Challenging textures in both the rocks and the deposits limit how the oil flows into the well. Difficult...