INNOVATIVE SOLUTIONS THAT REVOLUTIONIZE THE OIL & GAS INDUSTRY

BREAKING: Oil Export Ban Passes U.S. House

2:24 pm | October 9th, 2015

Article from OilPro.com. In a 261 to 159 vote, the U.S. House of Representatives voted early Friday afternoon to repeal the general ban on oil exports imposed in 1975 amid the Arab oil embargo. The bill will now go to the Senate, where its prospects are less certain. The Genesis Of Friday’s Vote In early… Read More →

Drones and data could dominate future oil fields

1:33 pm | September 1st, 2015

Article from FuelFix.com A pump collects data about the oil it is hauling to the surface and re-configures its operations to handle the crude more efficiently. A roughneck tripped up by a repair job logs into a mobile device from the rig and downloads a training video. Drones fly out to remote locations to inspect… Read More →

PRESS RELEASE: Tulsa-based technology company, Peritus Resource Group, issued patent for mobile entity tracking and analysis system.

12:40 pm | July 21st, 2015

Tulsa, June 30th, 2015: The USPTO issued United States patent 9,070,275, covering the Mobile Entity Tracking and Analysis System. The innovative technology from Peritus, marketed as ARsite™, provides the oil & gas industry with the revolutionary ability to virtually realize 360° unbiased operational transparency in both real-time and retrospectively for analysis. This new system allows companies… Read More →

SECOND WAVE OF U.S. OIL BOOM WILL BANKRUPT OPEC

5:06 pm | July 10th, 2015

Article from Breibart. By CHRISS W. STREET 8 Jul 2015 U.S. crude oil prices have plunged by 11 percent over the last two days to a low of $50 a barrel before settling at $52. The mainstream-media blames the fall in prices on the turmoil in China and Greece, but the real driver is the outbreak of discounting… Read More →