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Last updated: June 30, 2020 | Reading Time: 1 minutes

Preparing for New Oil World

new-oil-world

It’s clear COVID-19 is having a profound impact on the cornerstone industries of our economy.

Regardless of the industry they operate in, all firms will need to plan to anticipate the shape of recovery and prepare for the next normal. This is particularly complex for the energy industry. With global lockdowns cutting demand and social distancing measures set to impact ways of working for the foreseeable future, how should oil companies adapt their operations to protect and create jobs for the future?

For several years, it’s been widely accepted that technology is the way forward for oil and gas. Due to the pandemic, it is likely social distancing will become standard practice for years, meaning firms should invest in automation technologies now, to allow for improved remote working in the future.

Click here to read the full article.

Source: Energy Digital

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contact usRanger Land and Minerals is a Dallas, Texas-based acquisitions and mineral rights company with team members having close to 100 years of combined oil and gas royalties industry experience.

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  • Chevron CEO applauds Trump administration’s energy policy shift during Permian Basin tour
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  • China is soaking up oil imports, and the US and Russia are reasons why
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