Imagine field after field of oil storage tanks, some so large they could hold a 747 jumbo jet. This is what you will see when you drive out to Cushing, Okla., home to around 58 million barrels of oil, or about 12.5 percent of the country’s stockpile.
As new oil and gas technologies, namely fracking and horizontal drilling, have produced crude faster than the market demand, the pressure has risen for midstream energy companies, like those operating out of Cushing, to keep pace with more productivity and efficiency. Cushing’s total capacity is about 70 million barrels, equal to one-fifth of the country’s crude storage capacity.
Midstream companies– the field processing, storage, transportation and wholesale marketing of oil and natural gas– find the answer in mobile solutions. The 24/7, transient, and highly regulated environment of midstream operations is the ideal incubator for mobile oil and gas technology solutions to substantially increase the return on investment of assets.
Here are seven different ways where mobile technology will boost the bottom line of midstream firms:
Where should midstream companies start with their mobile investments? Discover the answer in our guide to developing a mobile strategy.
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