Keep The Data Flowing In Oil And Gas

Joyce Deuley

Our reliance on oil and gas for manufacturing, shipping, transportation, energy, and more hasn’t dissipated—rather, it will continue to increase with the rising population and result in rapidly expanding urbanization. More food will need to be shipped globally, more cars will be driven, more homes will be heated, more materials will need to be made, etc., providing rich opportunities for oil and gas companies to invest in scalable solutions, as well as to firmly root themselves as valued players in the market. Investors, and other interested parties, are paying close attention to the oil and gas markets to better determine how best to mitigate depleted reserves and improve overall productivity and efficiency: keeping their bottom lines low and profit margins high.

To pull back from an environmental and global perspective on the state of the industry, let’s instead bring it into a sharp focus with its current business challenges.