EIA Predicts Stronger Natural Gas Prices, Gradual Climb For Oil
EIA STEO
Sluggish natural gas prices are due for reinvigoration, and crude’s going rate is likely to climb gradually in the coming months, assesses the U.S. Energy Information Administration’s July Short Term Energy Outlook.
Permian Basin’s Need For Workers Set To Grow
Industry's Economic Impact
The Permian Strategic Partnership’s annual Power of the Permian Economic Report estimates that the number of industry jobs in the Permian Basin alone will increase 32% by 2040. Drawing on data from the U.S. Bureau of Labor Statistics, the Energy Workforce and Technology Council highlights more immediate job gains.
AI-Augmented Robots Boost Speed, Accuracy of Vital Billing Processes
July 2024 Cover Story
Knowing that tiny mistakes in vender and customer billing can compromise the bottom line and risk key business relationships, oil and gas companies have been on a continual journey toward better billing processes. In their latest stride forward, they are equipping robotic process automation with artificial intelligence. By automatically and reliably executing complex calculations related to temperature and density variations, tax rates, constant commodity price fluctuations, etc., AI is helping perfect businesses’ most mundane but indispensable tasks.
Diversified Portfolio In Top U.S. Resource Plays Gives Coterra Unique Positioning
July 2024 Editor's Choice
There are not many independents that can make the claim they are “pure players” in both America’s premier tight oil basin and its most sought-after shale gas basin, but the description is apt for Coterra Energy. Thanks to strong positions in the Permian, Appalachian and Anadarko basins, Coterra Energy’s combination of asset diversity with modern operational specialization is a recipe for success.
Energy And AI Sectors Approaching Crossroads As Data Center Demand Grows
July 2024 Markets & Analytics
The world stands at the precipice of a new industrial revolution powered by artificial intelligence. As AI’s influence and capabilities grow, so does its insatiable demand for computational power, significantly increasing the energy needs of data centers.
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