Oil and Gas Production Is Booming

Oil and Gas Production Is Booming

Last year, the oil and gas industry broke records in production and positive forecasting for December. In fact, oil production in North Dakota hit 1.4 million barrels per day. Which is a 2% increase within just one month’s time.

And you think that’s impressive? Gas jumped by 5%. All of these record-breaking metrics were attained despite the 35,000 barrels per day self-restriction placed on the industry.

And North Dakota isn’t the only case where that is happening.

Texas has been reported to be breaking the 1970s records of crude oil production. Over 25,000 new oil and gas jobs have been added. Texas has the largest gains, along with Oklahoma, New Mexico, and North Dakota.

There is no end in sight for the demand of the oil and gas industry to stop any time soon.

If you are a professional landman, you need to consider our True Land Oil & Gas Management Software.

The True Land software can empower professional landmen, like yourself, to attain the level of efficiency and effectiveness for the industry and rank among the industry leaders in a matter of months instead of years.

Take the first step today. Call our programming professionals at 903-531-0377 to learn more.

The Future Of The Oil & Gas Industry

The Future Of The Oil & Gas Industry

Ever since the 2014 crash, the oil and gas industry has been thinking more about utilizing alternative renewable energy resources. In order to stay competitive oil and gas companies need to come up with innovative ways of keeping their industry flowing effortlessly. However, things are looking up for the industry due to technological advancements.

Some key points to keep in mind moving forward
  • Smart Drilling
  • Blockchain
  • Understanding the relativity of fossil fuels and renewable fuels
  • Smart oilfield technology

Over the next several months we are going to be writing about these topics, as well as paying attention to the ever-changing climate of the industry. Our goal is to keep you informed and involved this year and in the years to come. Our company knows that each year will bring more demand for technological utilization in this industry. We are always here to help you find out what will best help your business. Give us a call today to learn more.

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