Oil and Gas

Railroad Commission Launches Drone Program to Enhance Emergency Response

Taking advantage of 21st century technology, the Railroad Commission of Texas launched a statewide drone inspection team last month. Drones will help inspectors to quickly respond and inspect sites that are unsafe or inaccessible during emergencies such as fires, flooding and other natural disasters. Drones can also assist in situations, such as the current COVID-19 pandemic,…

Employment in Texas’ Upstream Oil and Natural Gas Activities Impacted by Pandemic

Data from the Workforce Commission indicates that employment in Texas’ upstream oil and natural gas activities fell significantly in April. Compared to March 2020 levels, April upstream employment was down by 25,800 jobs.  Compared to the same month in 2019, April 2020 jobs were down 47,200, or 20%.  At a total of 192,600 jobs, this…

ConocoPhillips focuses on its core job and values during COVID-19

ConocoPhillips is taking steps to support and sustain its global workforce, communities and health care professionals during the coronavirus pandemic. With thousands of its people working from home and thousands more practicing social distancing in the field, the company is focused on its core job: to safely find and deliver energy to the world. “Throughout…

Texas Oil and Natural Gas Industry Launches Coalition to Develop Industry-Led Solutions to Minimize Flaring and Methane Emissions

An alliance of Texas oil and natural gas trade associations, along with nearly 40 Texas energy companies, today announced they have formed a coalition to work together on environmental progress. Focused on industry-led solutions to minimize flaring and methane emissions, the Texas Methane and Flaring Coalition (the Coalition) will collectively identify and promote operational and…

ConocoPhillips Appoints Two New Members to its Board of Directors

HOUSTON – ConocoPhillips (NYSE: COP) announced today that its board of directors has elected Mr. David T. Seaton and Mr. Al Walker to serve as board members. Mr. Seaton served as chief executive officer of Fluor Corporation from 2011 to 2019, and as chairman from 2012 to 2019. Mr. Seaton joined Fluor in 1985 and held…

Technology and Innovation in Oil and Natural Gas Revolutionized Modern Life

Few industries can match the rapid rise of technology and innovation of the Texas oil and natural gas industry. From the state’s first gushers to modern day hydraulic fracturing, a relentlessly pioneering spirit has been the driving force for the industry that has defined Texas. Over the decades, as technology evolved, game-changing innovations gleaned from…

State Legislators, Academics and Energy Executives Discuss Importance of Oil & Gas Midstream Sector at Kickoff Symposium for Lamar University’s Newly Created Center for Midstream Management & Science

The importance of the midstream sector of the Texas oil and natural gas industry and its role in connecting record production of oil and natural gas to the downstream advances in refining and liquefaction technologies was examined today at the kickoff symposium for the newly created Lamar University Center for Midstream Management & Science. The…

PERMIAN BASIN: GROWTH ON THE HORIZON

For decades, the Ghawar field in Saudia Arabia stood alone as the most productive energy resource on the global stage – a behemoth of energy supplying much of the world’s demand. This year, though, marked an unprecedented shakeup in the energy ranking with a resurgent Permian Basin outpacing Ghawar in production. The Permian Basin –…

Oil and Gas Sees Widescale VR Deployment

 The oil and gas industry is witnessing wide-scale deployment of virtual reality (VR) technology across its value chain. That’s according to GlobalData, which has produced a new report exploring how VR is finding its way into the upstream, midstream and downstream sectors. In the report, the company identified the following oil and gas players among…

ConocoPhillips Donates $1 Million to Support Data Science at the University of Houston

ConocoPhillips (NYSE: COP) today announced a $1 million contribution to the University of Houston’s College of Natural Sciences and Mathematics (NSM) to help meet growing demand for data science education. This donation marks the first of several planned contributions by ConocoPhillips to support data science curriculum at multiple universities. The contribution to the University of…

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